Accountancy, asked by psatyam6211, 1 year ago

GOODS PURCHASE FROM NIBHA FOR RS 8,000 TRADE DISCOUNT @10%

Answers

Answered by sachinarora2001
5

Purchase A/c Dr. 7200

  • To Cash A/c ........7200

{ Being goods purchase at 10% trade discount }

Note - Trade discount is not shown in books of accounts as it is a discount on goods received ...

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