Question

ul curies for the following transactions in the books of Mahesh
2
(2) He
P
(1) Mahesh started business with * 25,000.
ordered his supplier, Satish to send 5,000 worth of goods
e rchased at 10% trade discount goods from A, the list price being 5,000
a goods at 5% trade discount to Harihar, the list price being 2.000
Goods purchased from M/s Neel Kamal at a list price of 12,000 at 10% trode discount and
% cash discount. Cash was paid upto 80% of the amount.
16) Sold to S. Chauhan a trade discount of 6% and cash discount of 1% goods of the birt price
of 3 15,000. He has paid 60% in cash.
Ans. Total of Journal = 56,300)​

Answer 1

Answer:

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