sold to arvind at a trade discount of 5% and cash Discount of 1% goods at list price of rs. 20000.He paid 60% of it.
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Answer:
Cash dr. 11286
Discount allowed dr. 114
Arvind dr. 7600
To Sales 19000
Explanation:
first you will deduct trade discount of 5% from 20000 which will Divas 19000 40% of 19000 wasn't paid Arvind account will be debited by 7600 remaining 60% of 19000 is 11400
builder to 1% cash discount from 11400 which will give us 114
hope it helps, mark the answers brainliest.
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