sold goods to anand rs 100000 at td 10% and cd 5% if payment made within 15 days 80% payment was received on 20th April.
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When was the goods sold??
no date of sale given
hence cash discount can't be allowed
Anand A/c ....Dr. 90000
Trade discount A/c ....Dr. 10000
To Sales A/c 100000
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