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CA Foundation doubt

Sold goods to Mukesh at list price of 150000 less 20 %trade discount and 5 % cash discount out of the amount due 60% I'd received out of which three fourth is received by cheque

Asked by Khushi9 Jun 2024438 views

1 answer

  1. Pk · 9 Jun 2024

    Mukesh a/c dr. 45,600 Bank a/c dr.51300 Discount allowed a/c:6,000 cash a/c dr.17,100 To sales a/c 1,20,000

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