journal entery
Purchased goods from sonu
Rs 1000 at tradel discount of 10%
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4
Answer:
Purchases a/c dr 9000
To Sonu 9000
_______^_^_______ .
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journal entery for sold goods to rahim 12000 at a cash discount 5%
I am adding answer of this question to my comment section
Rahim a/c dr. 11400
Discount a/c. Dr. 600
To sales a/c. 12000
(Being goods sold and discount given)
Discount a/c. Dr. 600
To sales a/c. 12000
(Being goods sold and discount given)
hiiiiii
Answered by
2
Purchase a/c dr. 9000
To sonu a/c 9000
(Being good purchased from sonu)
Trade discount is not to be shown
Calculation of trade discount :-/
10%of 10000
10000-1000=9000
To sonu a/c 9000
(Being good purchased from sonu)
Trade discount is not to be shown
Calculation of trade discount :-/
10%of 10000
10000-1000=9000
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