sold goods of rupees 30,000 at 10% trade discount and 10% cash discount to ravi and received cheque of 50% amount.
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Bank A/C.........Dr 12150
Ravi's A/C........Dr 12150
Discount A/C...........Dr 2700
To Sales A/C 27000
( Being sold goods to ravi on credit and received 50% amount by cheque )
I hope this will help you !
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