goods worth of 60000 ware sold to Rakesh at 15% discount it on credit cash account will be e debited
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Answer:
Rakesh A/C .....Dr 51000
Discount Allowed A/C 9000
To Sales A/C 60,000
Explanation:
here discount is expenditure from our end so it is debited.
Rakesh is the received of the goods so he is debited here.Sales is credit because the goods is go out.
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