sold goods costing the 12000 to Pankaj issued invoice at 10% above cost less 3% trade discount journal entry
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Answer:
Pankaj a/c dr. 12804
To Sales 12804
Explanation:
(12000 + 10%(12000)) - 3% trade discount
13200 - 3%(13200)
13200 - 396 = 12804
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