Question

purchase goods from vinod list price 14000 at 10% trade discount​

Answer 1

12600:- ANSWER

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Answer 2

Answer:

Purchase A/C Dr..... ₹12600

To Vinod's A/C ₹12600

( Being the Goods Purchased from Vinod & Received Trade discount )

Explanation:

Working Note :- Cost of goods = ₹ 14000

Rate of Trade Discount = 10%

So,

14000 - (14000 * 10% )

14000 - (14000 * 10/100)

14000 - 1400

= ₹ 12600

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