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1. Machinery costing Rs. 50000 sold for 40000 in cash 2. Sold goods to Mr X Rs. 40000 at a trade discount of 10% received half amount on the same date. 3. Purchased goods from Mr Y on cash basis for Rs. 20000 at a discount 5% 4. Rent outstanding Rs. 5000 5. Advance commission received Rs. 3000​

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