Question

sold goods to harsh for 50000 at 20% trade discount and 5% cash discount harsh paid 40% immediately through a banker's cheque.
what is the Journal Entries?
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Answer 1

Answer:a) Harsh A/c - Dr. 2500

To Sales A/c 2500.

Bank A/c - Dr. 1000

To Harsh A/c 1000

Explanation:

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