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00: on Jan. 230cheque on Feb. 5th and 60% of LIIC TU6,000; on Jan1,080; On Jan. 15th(Ans. Cash Discount on Jan. 6th1,200; and on Feb. 5th 1,000.]Q. 10. Journalise the following transactions in the books of Dixit & Sons -2018ch 2 Sold goods to Dilip of the list price of 62,000 for 360,000.16 Purchased goods costing 2,00,000 from Hari & Co. Paid 75% immediatelycheque to avail 4% discount.20 Sold goods to Vishal Traders costing 40,000 at 25% profit, allowing 10% tradodiscount and 10% cash discount. Received 80% payment immediately by cheanneque26 Sold goods to Brij & Co. costing 50,000 at 40% profit, allowing 10% tradediscount and 5% cash discount. Brij & Co. paid the full amount by cheque andavailed cash discount.[Ans. Total 53,68,000; Cash Discount on March 16 36,000; March 20 $3,600 aJarch 26 33,150.]Q. 11. Journalise the following transactions :sold goods to Vishal traders costing rupees 40000 at 25% profit allowing 10% trade discount and 10% cash discount received 80% payment immediately by cheque |
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