U 18(b). Enter the following transactions in the journal :
1. Bought goods of list price *20,000 less 10% trade discount from
Mohan.
2. Sold half the goods bought from Mohan to Kamal at a profit of
25%.
3. Paid cheque to Mohan for 17,600 in full settlement of his account.
4. Sold goods of list price 25,000 less trade discount 10% and cash
discount 2% to Ram who paid 50% amount on the spot.
5. Kamal paid cheque for 11,000 in full settlement of his account
which was banked after two days.
6. Salary paid * 4,000 but it is still unpaid * 1000. [Ans. Total 97,000]
10
To lice
Answers
Answered by
2
Explanation:
where is the solution of this question
Similar questions