Question

sold goods to rohit rs 50000 at 10% Trade discounts @18% GST & Amount received by cash at 5 % Cash discount ​

Answer 1

Answer:

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Answer 2

Answer:

Raj A/c                        Dr          12150

Discount Allowed A/c  Dr     4500

Bank A/c                    Dr          20250

Cash A/c                      Dr        8100

    To Sales A/c                                      45000

(Trade discount is not recorded in the books thus the value of sales will be 45000)