Question

Q. 23 Purchase goods for cash of the list price of ₹ 12,000 at 10% trade discount and 3% cash discount. Pos ting will be made in Discount A/c: ₹ 324 on Debit side (B) ₹ 324 on Credit side (C) ₹ 360 on Debit side (D) ₹ 360 on Credit side​

Answer 1

Answer:

Goods worth Rs. 10,000 were purchased by B on which the traders allowed Rs. 500 trade discount and offer to give 5% cash discount if immediate payment ...