Question

purchased goods worth of the list price of rs. 16000 at 10% trade discount and 2.5% cash discount from ram nivas gupta. cash paid 80% of the total price​

Answer 1

Explanation:

Purchase a/c 14400

To Ram Nivas Gupta a/c 2880

To Discount received a/c 360

To Cash a/c 11160

Answer 2

Answer:

Explanation:

Purchase a/c 14400

To Ram Nivas Gupta a/c 2880

To Discount received a/c 360

To Cash a/c 11160