Accountancy, asked by anjali8113, 1 month ago

sold goods costing 150000 to asha at a profit of 20% on sale less 10% trade discount paid cartage of 1250 to be charged from ashoka

Answers

Answered by arpanaial06
5

Answer:

Cost price=1,50,000

Profit = cost price x profite rate

=1,50,000×20%

=1,50,000x20/100

=30,000

List price = cost price+profit

=1,50,000+30,000

=1,80,000

Trade discount= 1,80,000×10%

=1,80,000×10/100

= 18,000

Actual Sales Price-30,000-18,000

=12,000

Asha a/c dr. 12,000

To sales a/c cr. 12,000

Cartage a/c dr. 1250

To cash a/c cr. 1250

hope it will help you

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