Sold gooods costing Rs.5000 .to Anita for cash at a profit of 20% on cost less 20% Trade Discount.Write the journal entry of this transaction.
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cash a/c Dr. 48000
to sales a/c 48000
( sold goods @profit 20 % and less 20% trade discount)
to sales a/c 48000
( sold goods @profit 20 % and less 20% trade discount)
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