DR. PARTY A/C 5000.00 DR. CASH A/C 4500.00 DR. DIS ALLOWED 500.00

Sale of Rs.10000, where in 50% is on credit and there 10%
discount on the immediete payment. Pass a journal entry for
this

Question Posted / manjunath

Answer Posted / manjunath

DR. PARTY A/C 5000.00
DR. CASH A/C 4500.00
DR. DIS ALLOWED 500.00
CR. SALES A/C 10000.00

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