Sale of Rs.10000, where in 50% is on credit and there 10%
discount on the immediete payment. Pass a journal entry for
this
Answer Posted / surendra jain
creditors a/c dr. 5000/-
discount a/c dr. 500/-
cash a/c dr. 4500/-
To, Sales a/c cr. 10,000/-
Is This Answer Correct ? | 47 Yes | 25 No |
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