Journalize .....1.purchased goods for 100000 and availed trade discoun

1.	Journalize .....1.purchased goods for 100000 and availed trade discount of 100002.sold goods to Shyam for rupees 5000 allowing a discount of rupees 5003.paid Flora rupees 6000 .discount allowed by her rupees 3004.received rupees 20000 from lucky .discount allowed rupees thousand
Answer» Answer: PURCHASE A/C. 90000 to cash A/C. 90000 cash A/C. 4500 discount A/c. 500 to SALES A/C. 5000 Flor A/c. 6000 to cash A/C 5700 discount A/C 300 cash A/C 20000 discount A/C 1000 to lucky A/C 21000

Journalize .....1.purchased goods for 100000 and availed trade discount of 100002.sold goods to Shyam for rupees 5000 allowing a discount of rupees 5003.paid Flora rupees 6000 .discount allowed by her rupees 3004.received rupees 20000 from lucky .discount allowed rupees thousand

Answer»

Answer:

PURCHASE A/C. 90000

to cash A/C. 90000

cash A/C. 4500

discount A/c. 500

to SALES A/C. 5000

Flor A/c. 6000

to cash A/C 5700

discount A/C 300

cash A/C 20000

discount A/C 1000

to lucky A/C 21000

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Journalize .....1.purchased goods for 100000 and availed trade discount of 100002.sold goods to Shyam for rupees 5000 allowing a discount of rupees 5003.paid Flora rupees 6000 .discount allowed by her rupees 3004.received rupees 20000 from lucky .discount allowed rupees thousand

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