Accountancy, asked by anittaroy031, 9 months ago

Placed an order with Ritik for the supply of goods of the list price of 1,00,000 in this connection,we paid 9% of the list price in advance by cheque.He supplied the goods with 12% trade discount.packing and delivery charges 1,000.write a journal entry for this transaction.

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Answered by Anonymous
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Answer:

25, Sold goods to Varun of the list price of ₹ 25,000 at 20% trade discount ... Pass Journal Entries for the following transactions: ... She paid 1/4th of the amount by cheque on Feb.

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