Accountancy, asked by Anonymous, 8 months ago

sold goods for 20,000 at trade discount 8% and gave cash discount 4%

Answers

Answered by sharvanikulkarni

1

Explanation:

Cash A/c. 17664

Discount allowed. 736

to sales 18400

TD=20000*8/100

= 200*8

= 1600

cash discount= 18400*4/100= 184*4=736

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