Question

Purchased goods from Sanjiv of Rs. 40,000 plus IGST @18% at 10% Trade Discount and 2.5% Cash

Discount. Paid amount at the time of purchase itself​

Answer 1

purchase account dr. 36000

to cash account. 35100

to discount account. 900

*NOTE: GST has been omitted from cbse 11th syllabus, so I can't answer with gst inclusive.