Question

Sold goods to aman at list price of rs.30000 at 10% trade discount against cash

Answer 1

As goods are sold, it's entry is simple and as we all know that Trade Discount is not shown in books, so it's entry will be

Aman A/C Dr.       Rs. 27000

To Sales A/C                          Rs.27000

(Being goods sold and 10% Trade Discount given)