Question

sold goods to Ram for cash 20000,allowing 10% trade discount and 5% cash discount. how to journalis this transaction.

Answer 1

cash A/c. Dr. 17100
discounA/c. Dr. 900
To sales A/c. 18000

Answer 2

Cash a/c. Dr. 17100
Discount allowed a/c. Dr. 900
To sales a/c. 18000

Hope it's help you.....
plzzzzz mark as brain list