CA Foundation doubt
Iski (ii) adjustment m 36000 ki jagah 20000 anaa chaiye..kuki 40000 ki goods m se 20000 immediately pay kr dia toh balance 20000 hi ayga n?

Asked by Zoyaaa16 Jul 2024512 views
CA Foundation doubt

Asked by Zoyaaa16 Jul 2024512 views
Abdullah · 16 Jul 2024
Simple rule hi to hai debit what comes in yani kitne ki purchases ki hai after deducying trade discount Credit what goes out yani kitna cash gaya hai
NandhiniSri · 16 Jul 2024
Trade discount will not be shown in journal as the final amount after deducting td(10%) from purchase amount (40000)is only shown 90%(36000) here and from the final amount GST is calculated(6480 here), and total 42480 in this amount 20000 is paid , remaining is credit
Free app · 5 lakh+ learners
Read full notes, ask doubts, follow toppers and track your study hours — free on Android and iPhone.