sold goods costing 6002 Ashok and Co issued invoice 20 % above ko cost and allowed 10 % discount solve this
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Answer:
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Explanation:
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Answered by
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Explanation:
invoice value=6002*20/100=1200.4
total cost= 6002+1200.4=7202.4
trade discount= 7202.4 ×10/100=720.24
so, the entry is
customer Dr. 6482.16
tosales A/C 6482.16
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