Question

goods sold to Satya Prakash costing ₹20,000 at a profit of 20% on sales less, 10% trade discount and paid cartage of rupees hundred (to be charged from the customer).
What will be the journal entry of these transactions and with working note????


please give correct answer ... ​

Answer 1

Answer:

Satya Prakash. Dr. 21700

To sales a/c. 21600

To carriage outward. 100

Explanation:

Working note

cost of goods =. 20000

(+) profit 20% =. 4000

total =. 24000

(-) trade discount = 2400

( 10%).

= 21600

as carriage charged from customer so it is debited to his account

Answer 2

Answer:

Ayu n 3^07 !

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