Question

journal entry for ..bought goods from ram 12000and paid 40%amount immediately
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Answer 1

Answer:

Ram paid

$40\% of \: 12000 \:is = \frac{40}{100} \times 12000 = 4800rupees$

Answer 2

Answer:

Purchases dr 12000 Cash Cr (40% of 12000)

Raam Cr (60% of 12000)