Question

Record the following transaction in the sales book of Ganguli Brothers
2017
Particulars
August 5
Sold to Naveen cloth stores of 5% trade discount cotton Rs.
2500 and silk cloth Rs. 1000
August 9
Sold to Prakash cloth stores at 8% trade discount woolen
shawls Rs. 3500, Blankets Rs. 1600
August 20 Goods on consignment sent to Vinod Kumar Rs. 2000
August 26 Goods sold to Mohan for cash Rs. 3000​

Answer 1

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