Mar 24 Received * 6,860 from Santosh, allowing her 2% cash discount.
Answers
Answered by
6
The answer to the following question is below.
Explanation:
Given:
Cash received = 6,860
Discount Rate = 2%
Journal Entry
In the Books of ( --- Limited)
Date Account Title and Explanation Debit Credit
March 24 Cash a/c Dr 6,860
Discount a/c Dr 137.2
To Santosh a/c 6997.2
(Being cash received from santosh on 2%cash discount.)
Learn more
brainly.in/question/10693127
brainly.in/question/939040
#learnwithbrainly
Similar questions