"purchase goods costing rs. 1,00,000 from Sahil & Co. Paid 60% immediately by cheque to avail 5 % discount."
Pls show its working note

Dear Student

Date	Particulars	L.F.	Amount (Dr)	Amount (Cr)
	Purchase A/c               Dr		100000
	To Bank A/c			57000
	To Discount received A/c			3000
	To Sahil & Co.			40000
	(purchased goods , made 60% payment and received 5% discount)

Working note:
 Purchase    100000
Payment done 60%= 100000 x 60% = 60000
(-) 5% discount (5% x 60000)            = (3000)
Final payment done                           = 57000


Regards