Mittal Bros. purchased 100 shawls @ 3,000 per shawl. Allowed 10% Trade Discount
and 3% Cash Discount if payment is made within 14 days. Mittal Bros. received
10 shawls of poor quality, which it returned. Mittal Bros. settled the payment in 10 days.
What is the journal entry of this transaction
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Answer:
3000....
Explanation:
.................
Answered by
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30000...............................
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