Question

Goods of 36,000 are sold to Dhaval stores at 10 % trade discount. For this, Dhaval
Stores has paid a cash 15,000.
​

Answer 1

Answer:

Explanation:

Cash A/C ...Dr 15000

Dhaval store A/C ...Dr 17400

To sales A/C 32400

Answer 2

Answer:

Dhaval   A/c                   Dr   17400

Cash A/c                         Dr  15000

          To sales A/c                                32400

(being sales made to dhaval )

Explanation:

Sales = 36000 - trade discount

          = 36000- (36000* 10%)

           =36000-3600

            =32400

Credit sales = total sales - cash sales

                     = 32400- 15000

                      =17400