Question

sold goods to miss amrita for rs 10000 allowed her a trade discount of 10%and cash discount @5% and she settled her account by cash and cheque eually journal entry​

Answer 1

Explanation:

cash / bank A/c. Dr. 8550

trade discount a/c Dr. 1000

cash discount a/c Dr. 450

To sales A/c. 10000

( being goods sold @10% trade discount and 5% cash discount)