Accountancy, asked by hemantguliana, 1 year ago

Sold goods to Rekha RS 20000 at 10% t.d and received half amount immediately at 5% c.d.
journal entry with explanation.

Answers

Answered by aditu23
5

Explanation:

1. rekha ac. 9000

cash. AC. 8550

discount allowed. 450

to sales ac. 18000

because,

trade discount not show in the journal entry

cash discount shows in the journal entry

Similar questions