Question

sold to mohan goods worth rs. 10000 less 3% cash discount and received rs.9700 net on account by cheque​

Answer 1

Explanation:

hope this helps you

cash AC debited because debit what comes in so cash coming into the business

cash discount allowed is bedited because Debit all expenses and loses...and in this discount allowed means we gave discount so it's a loss for us

sales credited because credit what goes out...sales means stock (goods) goes out

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