Accountancy, asked by 9717324452, 1 year ago

Purchase goods from sanjeev at list price 40000 for 10% trade discount and 5% cash discount. The amount was paid at the time of puchase itself

Answers

Answered by yadavsadhana446

3

Answer:

Journal entry

Purchases a/c Dr. 36000

To Discount received 1800

To Cash a/c 34200

Explanation:

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