Question

purchased goods from shri sudesh kumar worth rs 2000 under 10% trade discount and 5% cash discount and paid him by cheque. journal entry ​

Answer 1

Explanation:

here ,,

purchases ac. .....dr. 1800

to discount received ac. 100

to bank ac. 1700

(being goods purchased@5%cash discount and amt. paid by cheque)

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Answer 2

Answer:

Explanation:purchase goods form Shri Suresh Kumar birth rs .2000 under 10% Trade discount and 5%cash discount with was paid to him cheque