Accountancy, asked by aishwarya6746, 1 year ago

how to write Govindan settled his account @ 2% cash discount in double column cash book

Answers

Answered by dharanipava0112
1
In cash column of debit side(receipts), post the amount received(amount minus discount allowed) from Govindan and in the discount on the debit side, post the discount allowed amount (2% cash discount).
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