What will be the journal entry of sold goods to ram for Rs. 32000 at 5% trade discount
Answers
Answered by
4
Answer:
1600
Explanation:
=32000×5/100
=320×5
1600
Answered by
1
Given :
Sold goods : ₹32000
Trade discount : 5%
To find : the entry of sold goods to Ram for 32000 at 5% trade discount
Solution : 32000*5/100
= 1600
Therefore the journal entry of sold goods to Ram for 32000 at 5% trade discount is = 1600
Sold goods : ₹32000
Trade discount : 5%
To find : the entry of sold goods to Ram for 32000 at 5% trade discount
Solution : 32000*5/100
= 1600
Therefore the journal entry of sold goods to Ram for 32000 at 5% trade discount is = 1600
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