Question

sold goods costing rs16000 for rs14000 on cash​

Answer 1

Answer:

what u want to say...

Explanation:

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Answer 2

Answer:

Journal entry :

  Cash a/c                                    Dr              14000

 Discount a/c                               Dr              2000

             To  Sales a/c                                                          16000

If he sold goods costing 16000 for 14000 then we assume that  2000{16000-14000} is discount allowed which is expense for the firm.