Question

Received invoice at 10% trade discount from rohit and sons and supplied these goods to madan , listed at 3000 Rs

Answer 1

Purchase goods from teena rs.5000 & get 10% discount

Answer 2

Answer:purchases a/c. Dr. 2700

To rohit and sons a/c. 2700

(being goods purchased at 10*/* trade discount)

Madan a/c. Dr. 3000

To sales a/c. 3000

( being goods supplied to madan)

Explanation: