he purchased goods of the invoice value rs 10000 at 10 percent trade discount from suresh
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Answer:
1000 trade discount of Suresh purchased good
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Purchases ac dr 9000(10000*10%)
Suresh ac cr 9000
(Good purchased )
Trade discount not recorded seperately
It always deducted from purchases invoice
Suresh ac cr 9000
(Good purchased )
Trade discount not recorded seperately
It always deducted from purchases invoice
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