goods purchased from meena rs 4000 @ 10% trade dicount and cash discount 5%
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iska journal krna ke cash Book
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Answer:
Journal Entry
Explanation:
Purchase A/c Dr. 3,600
To Meena A/c 3,600
(Being goods purchased from Meena @10% TD i.e. 4000 x 10%)
Dear, please note that Cash discount is allowed only when the transaction is made in cash. But, the transaction given here is of credit from Meena.
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