Question

please answer me as soon as possible, it is urgent . Don't answer if you don't know. ​

Answer 1

Explanation:

LIST PRICE=7000

LESS TRADE DISCOUNT 15%=1050

VALUE=5950

Answer 2

5. is wrong given in the above answer, its entry will be

raja ram. A/c dr.

to bank A/c

to discount Allowed A/c

also not sure about the opening entry, else everything is correct

hope it helps you