Question

Sold goods, whose list price is 5,000, to Rakesh @ 6% trade discount and 1% cash discount, he paid 60%
price in cash​

Answer 1

Answer:

so I'm assuming you want the journal entry for it? because you've not specified. you've not give a question. so I'll leave you with journal entries-

Rakesh ac _dr 1880

Cash ac _dr 2773

Discount Allowed ac _dr 47

To Sales ac 4,700

(being 60% cash sale of goods to rakesh with 1% cash discount, and 40% credit sale.)

(hope my answer was helpful to you. please mark me the brainliest, I'll be very grateful!)