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.
please answer fast
Answers
Answered by
1
Answer:
Bank A/c Dr 2,32,800
Sales Return A/c Dr 30,000
Discount Allowed A/c Dr 7200
To Sales A/c 2,70,000
Explanation:
Similar questions