Purchased goods from Hriday Rs 80,000 at 20% t.d.
and 6% c.d. and paid him 90o/o amount in cash
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JOURNAL ENTRY:-
Purchase a/c. Dr. 60,160
Discount allowed a/c. Dr. 3,840
To Cash a/c. 57,600
To Hriday's a/c. 6,400
(being purchased goods from hriday and paid cash 90%
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