Question

purchased goods of ₹90,000 at 10% trade discount and 10%cash discount from rakesh 1/3 amount received by cheque........plzzzzz prepare the journal entry of this transaction​

Answer 1

Answer:yes

Explanation

Purchases 81000₹

To Cheque 30,000₹

To discount 3,000₹

To cash 60,000₹

To discount 6000₹