Sold goods to nandlal of the list price of 20000 at trade discount of 10% (costing 15000)
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Nandlal a/c ...........Dr. 20,000
To Sales a/c. 20,000
( Being goods sold to Nandlal at 10% discount)
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Explanation:
sold goods Nandlal of the last price 20000 trade discount 10%
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