Accountancy, asked by roynamita2601, 8 months ago

purchased goods of rs.60000 on credit from amar at a trade discount of 10% journal entry

Answers

Answered by Rutvik0307

0

Answer:

Debit purchase account by 54000 and credit Ajar account by 54000

Explanation:

Total value 60000

Trade discount 6000

Purchase value 54000

Trade discount is not to be shown in journal

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