Question

Sold goods for cash of the list price of Rs 8000 at 10% trade discount and 3% cash discount

Answer 1

heyaa,,,,
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journal entry for Sold goods for cash of the list price of Rs 8000 at 10% trade discount and 3% cash discount will be;

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cash a/c dr 6,984
discount a/c dr 216
to sale a/c 7,200
(being goods sold for cash)
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hope it helps

Answer 2

hey mate your answer to this question is

list price --> 8,000

TD ---> 800

agreed price--> 7200

cash discount--> 216

journal entry

cash a/C dr. 6,984
discount a/C dr. 216
to sales a/c. 7,200

(being goods sold and 3% cd given)