Question

Pursaded goods from Vikas Arora of ₹ 60,000 plus IGST @12% at 10% trade discount and 2% cash discount he availed a cash discount by issuing cheque in favour of Vikas arora

Answer 1

Answer:

Purchase a/c. dr54000

Input igst a/c. dr 6350

to Discount a/c 1080

to vikas arora a/c 59,270

Hope it helps you