Question

Sold goods to anuradha worth rs 10000 at 10% td and 5% cd if the payment is recived within 25 days .80% recieved payment in march 18 by cheque

Answer 1

Step-by-step explanation:

Given Sold goods to anuradha worth rs 10000 at 10% td and 5% cd if the payment is received within 25 days .80% received payment in march 18 by cheque

We need to write a journal entry for the goods sold to Anuradha.

Journal Entry

Date           Particulars                                                   L.F   Debit    Credit

Mar 6     Anuradha’s A/C                              Dr                   9000  

                To sales A/c                                                                            9000

               (@10% Trade discount sold goods  

                      to Anuradha)

Mar 18   Bank A/c                                             Dr                   7200

                To Anuradha’s A/c                                                                   7200

              (Payment received 80%)

Since total (full) payment is not received no cash discount is allowed.

Reference link will be

https://brainly.in/question/11330680

Answer 2

cash sells rs. 10,000 at the rate 10% T.D. and 5%C.D.