Question

Purchased goods from Rajesh of list price
Bought goods of list price of 15,000 from Rakesh less 10% trade
discount and 5% cash discount and paid 40% of amount immediately ledger جا​

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bought goods at list price of 15000 from rakesh,kolkata less 10% trade discount and 5% cash dicount and paid 40% immediately. what is its entry

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Bought goods at list price of 15000 from rakesh,kolkata less 10% trade discount and 5% cash dicount and paid 40% immediately. what is its entry

Related Answer

Journalise the following transactions in the books of M/s. R.K. & Co.: 

(i) Purchased goods of list price of Rs. 20,000 form Vishal at 20" role="presentation" style="display: inline; font-style: normal; font-weight: normal; line-height: normal; font-size: 16.5px; text-indent: 0px; text-align: left; text-transform: none; letter-spacing: normal; word-spacing: normal; overflow-wrap: normal; white-space: nowrap; float: none; direction: ltr; max-width: none; max-height: none; min-width: 0px; min-height: 0px; border: 0px; padding: 0px; margin: 0px; position: relative;">20%20 trade discount against cheque payment. 

(ii) Purchased goods of list price of Rs. 20, 000 from Naman at 15" role="presentation" style="display: inline; font-style: normal; font-weight: normal; line-height: normal; font-size: 16.5px; text-indent: 0px; text-align: left; text-transform: none; letter-spacing: normal; word-spacing: normal; overflow-wrap: normal; white-space: nowrap; float: none; direction: ltr; max-width: none; max-height: none; min-width: 0px; min-height: 0px; border: 0px; padding: 0px; margin: 0px; position: relative;">15%15 trade discount against cash. 

(iii) Purchased goods of list price of Rs. 30,000 from Amrit at 20" role="presentation" style="display: inline; font-style: normal; font-weight: normal; line-height: normal; font-size: 16.5px; text-indent: 0px; text-align: left; text-transform: none; letter-spacing: normal; word-spacing: normal; overflow-wrap: normal; white-space: nowrap; float: none; direction: ltr; max-width: none; max-height: none; min-width: 0px; min-height: 0px; border: 0px; padding: 0px; margin: 0px; position: relative;">20%20 trade discount. 

(iv) Purchased goods of list price of Rs. 40,000 for Rs. 35,000 for cash. 

(v) Goods returned of list price of Rs. 10,000 purchased from Amrit. 

(vi) Sold goods to Parul of list price of Rs. 40,000 at 10" role="presentation" style="display: inline; font-style: normal; font-weight: normal; line-height: normal; font-size: 16.5px; text-indent: 0px; text-align: left; text-transform: none; letter-spacing: normal; word-spacing: normal; overflow-wrap: normal; white-space: nowrap; float: none; direction: ltr; max-width: none; max-height: none; min-width: 0px; min-height: 0px; border: 0px; padding: 0px; margin: 0px; position: relative;">10%10 trade discount against cheque payment. 

(vii) Sold goods to Aman of list price of Rs. 30,000 at 10" role="presentation" style="display: inline; font-style: normal; font-weight: normal; line-height: normal; font-size: 16.5px; text-indent: 0px; text-align: left; text-transform: none; letter-spacing: normal; word-spacing: normal; overflow-wrap: normal; white-space: nowrap; float: none; direction: ltr; max-width: none; max-height: none; min-width: 0px; min-height: 0px; border: 0px; padding: 0px; margin: 0px; position: relative;">10%10 trade discount against cash. 

(viii) Sold goods to Pawan of list price of Rs. 20,000 at 10" role="presentation" style="display: inline; font-style: normal; font-weight: normal; line-height: normal; font-size: 16.5px; text-indent: 0px; text-align: left; text-transform: none; letter-spacing: normal; word-spacing: normal; overflow-wrap: normal; white-space: nowrap; float: none; direction: ltr; max-width: none; max-height: none; min-width: 0px; min-height: 0px; border: 0px; padding: 0px; margin: 0px; position: relative;">10%10 trade discount. 

(ix) Sold goods to Yamini of list price of Rs. 25,000 for Rs. 23,000. 

(x) Sold goods costing Rs. 10,000 at cost plus 20" role="presentation" style="display: inline; font-style: normal; font-weight: normal; line-height: normal; font-size: 16.5px; text-indent: 0px; text-align: left; text-transform: none; letter-spacing: normal; word-spacing: normal; overflow-wrap: normal; white-space: nowrap; float: none; direction: ltr; max-width: none; max-height: none; min-width: 0px; min-height: 0px; border: 0px; padding: 0px; margin: 0px; position: relative;">20%20 less 10" role="presentation" style="display: inline; font-style: normal; font-weight: normal; line-height: normal; font-size: 16.5px; text-indent: 0px; text-align: left; text-transform: none; letter-spacing: normal; word-spacing: normal; overflow-wrap: normal; white-space: nowrap; float: none; direction: ltr; max-width: none; max-height: none; min-width: 0px; min-height: 0px; border: 0px; padding: 0px; margin: 0px; position: relative;">10%10 trade discount to Bhupesh. 

(xi) Sold goods purchased at list price of Rs. 50,000 less 15" role="presentation" style="display: inline; font-style: normal; font-weight: normal; line-height: normal; font-size: 16.5px; text-indent: 0px; text-align: left; text-transform: none; letter-spacing: normal; word-spacing: normal; overflow-wrap: normal; white-space: nowrap; float: none;