Question

Sold goods to muskan at list price of 200000 under 20% trade discount
. Muskan returned goods for 5000 ruppe and recieved from muskan after full settelment under 4% cash discount

Answer 1

muskan dr 160000

loss dr 40000

sales cr 200000

Answer 2

Answer:

An exchange rebate is the sum by which a producer lessens the retail cost of an item when it pitches to an affiliate, instead of to the end client.

In the event that the rebate is a rate, you ascertain the exchange markdown by changing over the rate to a decimal and increasing that decimal by the recorded cost. Beyond any doubt it will be particularly successful.