Question

sold goods to Niraj of 25,000, received cash 10,000 and balance by cheque discount allowed is 500. enter the transaction in two column cash book.​

Answer 1

Answer:

cash a/C dr 10000

dis a/C dr 500

bank a/C dr 10000

to sales 25000

Answer 2

cash account 10000

bank account 14500

discount allowed 500

to sales account 2500