Accountancy, asked by bootasingh, 11 months ago

purchased goods worth rupees 20000 at a discount of 10%journal entry

Answers

Answered by khushi22969

2

Answer:

purchases a/c Dr. 18000

To cash a/c Cr. 18000

(Being goods bought with cash and trade discount)

Explanation:

when discount given in percentage it is assume trade discount.

I HOPE IT'S HELPFUL FOR YOU

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