Question

Journalise the following transactions :
(a) Sold goods to Harsh for 50,000 at 20% trade discount and 5% cash
discount. Harsh paid 40% immediately through a bankers cheque.
(b) Cash received from Ram on behalf of Shyam 5,000. (Delhi 2016)​

Answer 1

Answer:

(a) Harsh A/c - Dr. 2500

To Sales A/c 2500.

Bank A/c - Dr. 1000

To Harsh A/c 1000

(b) Cash A/c - Dr. 5000

To Shyam A/c 5000

Mark it Brainilist

Answer 2

Answer:

Hllo........

(A)

Harsh a/c dr. 24000 /

cheque in hand a/c dr. 15200 /

Discount a/c dr. 800. /

To sales a/c. dr. / 40000

(B)

Cash a/c. Dr. 5000 /

To Ram. / 5000

HOPE IT HELPFUL..............