Purchased goods from mitali worth rs 80000 at 10% trade discount and p

1.	Purchased goods from mitali worth rs 80000 at 10% trade discount and paid 25% in cash and 25% by cheque for which 10% cash discount is allowedpass journal entry for this
Answer» Answer: PURCHASE a/c dr 80000 To mitali A/c 72000 To discountA/c 8000 cash dr 18000 To mitali A/c 18000 bank A/c dr 16200 discount allowed dr 1800 To mitali A/c 18000

Purchased goods from mitali worth rs 80000 at 10% trade discount and paid 25% in cash and 25% by cheque for which 10% cash discount is allowedpass journal entry for this

Answer»

Answer:

PURCHASE a/c dr 80000

To mitali A/c 72000

To discountA/c 8000

cash dr 18000

To mitali A/c 18000

bank A/c dr 16200

discount allowed dr 1800

To mitali A/c 18000

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Purchased goods from mitali worth rs 80000 at 10% trade discount and paid 25% in cash and 25% by cheque for which 10% cash discount is allowedpass journal entry for this​

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Purchased goods from mitali worth rs 80000 at 10% trade discount and paid 25% in cash and 25% by cheque for which 10% cash discount is allowedpass journal entry for this