journal entry for -
" goods costing 20000 were sold to mr. kapoor at 20% trade discount"
Kapoor A/c.....Dr 16000
To Sales A/c 16000
(Being goods sold to kapoor at 20% trade discount)
Hope it Helps.
journal entry for -
" goods costing 20000 were sold to mr. kapoor at 20% trade discount"
Kapoor A/c.....Dr 16000
To Sales A/c 16000
(Being goods sold to kapoor at 20% trade discount)
Hope it Helps.