Bought goods from RAM of list price 15000 less 10% trade discount and 2% cash discount for cash

Bought goods from RAM of list price 15000 less 10% trade discount and

1.	Bought goods from RAM of list price 15000 less 10% trade discount and 2% cash discount for cash
Answer» Purchase A/C ............Dr. 13500 To Ram A/C. 13230 To Discount recievedA/C. 270 Purchase - 15000Less trade dis. 10% - 1500We get - 13500Now, less cash dis. 2% - 270We get - 13230Entry will be:Purchases a/c dr. 15000 To dis. Rec. A/c 270 To cash a/c. 13230( Trade discount will not show in entries only we less it but cash discount is always show in entries )