Question

Sold Goods worth Rs.50,000 @ 10% TD & 5% CD to Z. Only 50% of the
Amount was received immediately

Answer 1

Answer:

Sold goods of 50000 at 10% trade discount and 10% cash discount to raj and received 50% by cheque and 20% on cash Journal entry. 2. See answers ... 4.0/5. 47. Navdeep91. Ambitious. 18 answers. 675 people helped ... (Trade discount is not recorded in the books thus the value of sales will be 45000).