Question

Sold goods worth ₹80000 to anjum for cash at a profit of 25%.he was allowed 10% trade discount and 5% cash discount

Answer 1

cash a/c Dr 85500
dis allowed a/c Dr. 4500
to sales a/c. 90000

Answer 2

Here is ur answer.........

Journal entry....
Cash a/c. Dr. 85500
Discount allowed a/c. Dr. 4500
To sales a/c 90000


Hope it's help you...........
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