Question

Goods worth 20,000 sold at 5,000 profit to Raj less 10% trade discount. He paid the amount immediately by cheque and avail a cash discount of 2% . His Cheque become dishonoured. At the time of dishonour of cheque, Which account(s) is to be credited

Answer 1

Answer:

Goods worth 20,000 sold at 5,000 profit to Raj less 10% trade discount. He paid the amount immediately by cheque and avail a cash discount of 2% . His Cheque become dishonoured. At the time of dishonour of cheque, Which account(s) is to be credited

Explanation:

Can't answer such a big question