Question

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✴️✳️que - Invoiced goods of Rs.18000 at 10% profit on sale to M/s Mahananda Traders at 10% trade discount and 2% cash discount. Received half of the amount due.

then what will be the journal entry for this???????

❇️pls answer this que if only uh know correctly it's very urgent ✔️✔️
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Answer 1

Example: Aviansh traders sold goods to Manish trader Rs 20,000 and trade discount Rs 10%.

here to calculate Trade discount =

20,000 X 10/100 = 2000

Now deduct trade discount from total sale amount = 20,000 – 2000 = 18000

I HOPE YOU UNDERSTAND THE PROCESS FROM THE EXAMPLE.

Answer 2

Answer:

here is the right answer

Explanation:

hope it helps