cash purchase 60000 at 10% TD and 5% CD half of the amount was paid in

1.	cash purchase 60000 at 10% TD and 5% CD half of the amount was paid in cash and remaining by cheque
Answer» ANSWER: Purchase A/C...DR. 45000 To Henry A/C. 17200 To Bank A/C. 25800 To DISCOUNT Received A/C 2000 Working NOTE- ..Purchase done for 50,000 out of which we got trade discount 10%=5000 ..Cash discount received 4%=2000 SO AFTER DEDUCTING TRADE DISCOUNT FIRST AND THEN SECOND CASH DISCOUNT,we get amount 43,000 ..NOW 60%of 43000paid in cheque which is 25800 ..17,200is still credit Plz mark brainliest ❤️ Step-by-step explanation:

cash purchase 60000 at 10% TD and 5% CD half of the amount was paid in cash and remaining by cheque

Answer»

ANSWER:

Purchase A/C...DR. 45000

To Henry A/C. 17200

To Bank A/C. 25800

To DISCOUNT Received A/C 2000

Working NOTE-

..Purchase done for 50,000 out of which we got trade discount 10%=5000

..Cash discount received 4%=2000

SO AFTER DEDUCTING TRADE DISCOUNT FIRST AND THEN SECOND CASH DISCOUNT,we get amount 43,000

..NOW 60%of 43000paid in cheque which is 25800

..17,200is still credit

Plz mark brainliest ❤️

Step-by-step explanation:

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cash purchase 60000 at 10% TD and 5% CD half of the amount was paid in cash and remaining by cheque ​

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cash purchase 60000 at 10% TD and 5% CD half of the amount was paid in cash and remaining by cheque