Question

Sold goods to varun of list price 25000 at 20% trade discount and 5% cash discount varun paid 50% amount of at that time

Answer 1

Answer:

30 is the answer for this

Please thank me

Answer 2

Cash a/c Dr. 7600

Varum a/c. Dr. 8000 Discount Allowed a/c Dr. 400

To sales a/c. 16000. Since 50 % payment was made so discount was allowed on 50 % payment. Sales is 16000 because sale price has been reduced by 20 % trade dis. And trade dis is not recorded in books of account.

I hope it helps u.