sold goods to nitin rs 50000 at 20 t. d and 5% c. d and he paid 50% amount in cash
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Answer:
point to note
1.TD will be charged on full amount
2.CD will be charged only on cash payment
Explanation:
1.TD=50000*20%=10000(50000-10000=40000)
2.Cash payment=40000*50%=20000
3.CD=20000*5%=1000
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