Question

sold goods to arjun of delhi of list price 20000. trade discount @ 10% and cash discount of 5% was allowed. he paid the amount on the same day and availed the cash discount (add 18% igst)​

Answer 1

Answer:

divide the 29 percent and 5 percent you will definitely got you answer

Answer 2

Answer:

Journal entry for Sold goods to arjun ,delhi at a list price ,20,000,trade discount 10% and cash discount 5%.he paid the amount on the same day and availf the cash discount will be

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cash/ bank a/c Dr 18000

to sale a/c 17,100

to discount a/c 900

(being goods sold)

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