Accountancy, asked by maninders2602, 1 year ago

Purchase goods from survpreet & com Delhi of list price of 25000 as the rate 20% Trade discount and 3% cash discount on value of goods paid cgst and sgst 6% each payment was maid immidately and availed cash discount

Answers

Answered by Anonymous
4
hey mate ur answer is
Purchase price= 25000
T.D @ 20% = 20% of 25000
= 5000
New purchase price=25000-5000
= 20000
plus cgst @6%=1200
sgst @6%=1200
so ,cash paid including gst =20000+1200+1200
= 22400
Also availed cash discount @ 3%
so 3% of 22400
= 672
Hence ,cash paid = 22400-672 =21728

hope it helps..

coolway: hi
Answered by Anonymous
3

Your answer is in the attachment. Do check it.

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