Pls give me the solution of this question 10 : Net amount paid .71 Discount Received C6.000.
: Net amount received Discount allowed e6.000.l
Record the iOllowing transactions in the books of Sahdev & Sons assuming
WLOctionS have been entered within the state of Bihar, Charging CGST and SGST
Bought goods from Nanak Bros. tor at 10% trade discount and 3% cash
discount on purchase price. of the amount paid at the time of purchase.
Isold goods to Kumar & Sons. e 2,00.000 at 20% trade discount and cash
'discount on sale price. of the amount received by Cheque.
Received from Gopi Chand 38.000 by Cheque after deducting 5% cash discmmt:
paid t 20,000 for rent by Cheque.
paid for salaries by Cheque.
(VI) Goods worth e 10.000 distributed as free samples.
5,000 due from Chanderkant are bad-debts.
Sold household furniture for 15,000 and the