Accountancy, asked by rajneshtiwary80238, 1 day ago

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.​

Answers

Answered by Sidmaths
3

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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