Question

goods sold to rameshwar prashad for₹200 he paid the account in cash immediately after deducting 5% cash discount​

Answer 1

goods sold he get 100 cash discount

Answer 2

Answer:

Cash Discount = 5% of 200 = 10

Cash received = 200 - 10 = 190

Journal entry :

Cash A/c Dr. 190

To Sales A/c 190

Explanation:

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