Question

journalise the following transactions.
1.purchased goods from harish 60000 less 20% trade discount plus igst @ 18% paid rs 35000 in cash and balacne after 3 months.
2. Goods costing ₹5000 returned to harish. such goods were by paying igst at 18%.
3.goods ₹900 distributed as free samples.​

Answer 1

Answer:

60000- 60000×20%=60000- 12000=48000