Question

purchase good s for mohan at a list of Rs.6000 at 10%T.V. and 2%C.D. cash payment is made of the half the amount.what will be the entry passed for this transaction in the book of mohan.​

Answer 1

Answer:

Purchase a/c. Dr. 5400

To Cash a/c. 2646

To Daga Traders. 2700

To Dis RCVD. 54

Explanation:

Purchase. 6000

less: TD. 600

NET. 5400 \

Cash. 2700

less:CD. 54

Paid. 2646