(purchased goods worth Rs. 10000 less 20% trade discount and 5% cash discount.) what is the journal?
purchase a/c (dr.) 8000
to cash 7,600
to discount received 400
(being goods purchased on 20% trade discount and 55 cash discount.)
(purchased goods worth Rs. 10000 less 20% trade discount and 5% cash discount.) what is the journal?
purchase a/c (dr.) 8000
to cash 7,600
to discount received 400
(being goods purchased on 20% trade discount and 55 cash discount.)