Question

somu sells goods to ramu Rs 500 journalise the transaction​

Answer 1

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Ram A/c Dr. 14,000

Discount Allowed A/c Dr. 1,000

To Sales A/c 15,000

(Being goods sold to Ram on credit and allowed discount).

Here , goods have been sold to ram for Rs 15000 also allowed discount of Rs 1000. So sales A/c have been credited by Rs 15000 and and Ram's A/c and Discount allowed A/c are debited by Rs 14000 & Rs 1000 respectively.

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Answer 2

Answer:

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