Accountancy, asked by malladhanush2003, 4 months ago

journal entry for Sold goods worth Rs.10,000, less 10% trade discount

Answers

Answered by kaushikameera9

Answer:

indicators of trade discount there is no entry made in the books of accounts of the buyer and seller it has always did it before any type of exchange take place and it does not form part of the books of accounts of the business it is usually allowed at the time of purchase.

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