1.

Bought goods from sundar lal rosjanlal rs.5000 and from charan dass & sons rs. 3000 both were subject to 10% trade discount

Answer»

Answer:

PURCHASE a/c. dr 7200

to sunderlal. 4500

to charan dass. 2700

Explanation:

TRADE discount is not recorded. the purchase is recorded by SUBSTRACTING. the AMOUNT of trade discount.... thank you



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