Purchased goods worth 1600 less 20% trade discount and 5% cash discount from Mahesh for cash and supplied them to Ramesh atleast price less 10% trade discount.
What is the journal entry?
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HEY..
U R ANSWER ♠....
1. PURCHASE AC DR. 1280
TO CASH DISCOUNT AC 64
TO CASH AC. 1216
2. CASH AC DR 1152
TO RAMESH AC 1152
. HOPE HELPING 4 U....
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