Question

what to do in journal entries where cash discount ,trade discount and GST are there?​

Answer 1

Answer:

Explanation: Answer: Explanation: It is generally recorded in the purchases or sales book, but it is not entered into ledger accounts and there is no separate journal entry. However, here is an example demonstrating how a purchase is accounted in case of trade discount.

Answer 2

It is generally recorded in the purchases or sales book, but it is not entered into ledger accounts and there is no separate journal entry. However, here is an example demonstrating how a purchase is accounted in case of trade discount.

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