sold goods 65000 at 10% T.D AND 5% C.D and 1/3 amount paid by cash what is the journal entry
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Answer:
cash account dr. 18525
debtor's account dr. 39000
discount account dr. 975
to sales 58500
Explanation:
first we have to deduct 10% from 65000 and then divide it by 3, the remaining product should be we found out of its 5% and deducted
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