Question

Goods of Rs.15,000 are purchased from Aunti at 10% trade discount and paid
Rs.3000cash.​

Answer 1

Answer:

Purchases A/C Dr 13500

To Aunty A/C 10500

To Cash A/C 3000

Explanation:As trade discount is never shown in books of accounts so total amount will be 15000-1500=13500 , and cash has been reduced so cash a/c will be credited