Question

purchase goods from Raghu of the list price of Rs. 60000 at 10% trade discount​

Answer 1

Answer:

purchase a/c Dr54000

to raghu54000

(being goods purchased on credit)

Explanation:

trade discount is not recorded in books

Answer 2

Answer:

• principal = 60000
• discount = 10%
• therefore 60000/100 *10 =60 rps
• then 60000-6000 is your ans