Question

sold goods for cash of the list price of 100000 at 15% trade discount and 3% cash discount plss anss me....
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Answer 1

Answer:

Cash A/c               Dr.                      100000

      To Sales A/c                                                         100000

Trade Discount       Dr,                     15000

Cash Discount          Dr,                       2550

         To Cash                                                               17550

Explanation:

Trade Discount on Sale & Cash Discount Calculate Trade Discount less After Balance Amount Calculate