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 / vijayaraghavan

DR. CR.

SUNDRY DEBTORS A/C DR 5000
CASH A/C DR 4500
DISCOUNT A/C DR 500

TO SALES A/C 10000

Is This Answer Correct ?    114 Yes 2 No



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