Accountancy, asked by kdiksha1805, 11 months ago

Journalise the following: brought goods for 15000 paid by cheque at 10℅ discount. Sold goods of 8000 for 11000 and payment Recieceved by cheque at 5℅ discount. Above cheque was deposited in Bank.

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Answered by dnahira

7

It will be likewise and I have given the answer in the form of trade discount (not in cash discount).

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