Question

purchased goods at list price of Rs 50000. from mohan for cash at trade discount 10% and cash discount 5%​

Answer 1

Answer:

Explanation:

Purchase          a/c    dr  45,000

   To Cash        a/c    cr                 42,750

  To Discount  a/c    cr                    2250

( purchased goods at list

price of Rs 50000.

from mohan for cash

at trade discount 10%

and cash discount 5%)