Question

purchased goods for 6,000 trade dis 5% cash discount 1%.issued a demand draft​

Answer 1

Answer:

Explanation:

PURCHASE       A/C    DR      5,700

         TO BANK          A/C                   5,643

         TO DISCOUNT A/C                   57

( purchased goods for 6,000

trade dis 5% cash discount 1%.

and issued a demand draft​)