Question

sold goods to ram of the price of 125000 less20%trade discount and 2%cash discount and 40%by cheque
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Answer 1

Answer:

Bank a/c dr.______39200

Ram a/c dr._______58800

disc. allowed a/c dr._____2000

To Sales a/c cr._________100000

Step-by-step explanation:

trade discount not shown in entry

125000*20/100