Question

journalise :
Goods
sold to devanshi invice price Rs 100000 at
the rate of 10% trade discount and 5% cash discount and recieved 60% in cash​

Answer 1

Explanation:

cash dr. 51300

cash discount dr. 2700

devanshi dr. 36000

trade discount dr. 10000

to sales. 100000

Answer 2

devanshi A/c. dr.| | 36000|

cash A/c dr.| | 51300 |

discount allowed A/c dr.| | 2700 |

to sales A/c | | |90000