Accountancy, asked by anushkamurti63, 7 months ago

purchased goods from daga traders at a list price of Rs.6000 at 10% T.D and 2% C.D cash payment is made of half the amount. what will be the entry passed for this transaction in the journal of 'Arun'.​

Answers

Answered by VinayGulati
6

Answer:

Purchase a/c. Dr. 5400

To Cash a/c. 2646

To Daga Traders. 2700

To Dis RCVD. 54

Explanation:

Purchase. 6000

less: TD. 600

NET. 5400

Cash. 2700

less:CD. 54

Paid. 2646

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