Sold goods costing rs 4000 to anil for the profit of 25% on cost less 20% trade discount and paid cartage rs100 which is not to be charged from the costumer jornal entry Share with your friends Share 2 Mehak Garg answered this 0 View Full Answer Manish Kumar answered this Anil A/c Dr.4,000 Cartage A/c Dr. 100 To Sales A/c 4,000 To Cash A/c 100 Sale price: Cost + 25% = 4,000 + 25% of 4,000 = 5,000. 5,000 less Trade discount of 20% of 5,000 = 5,000 - 1,000 = 4,000 -1