Question

HEY FRIENDZ.......

PLEASE HELP ME OUT.... PLEASE...
GAIN POINTS..

COULD ANY ONE PLEASE EXPLAIN ME 6 TH POINTS ...MEANS WITH SOLUTION​

Answer 1

Answer:

Cash A/C...... Dr. 18500

Discount Allowed A/c.. Dr. 1500

To sales A/C 20000

Answer 2

ACCOUNTING EQUATION:

Assets = Capital + liabilities

Cash + stock = capital

+18500 (-)20000=(-)1500