Sale of Rs.10000, where in 50% is on credit and there 10%
discount on the immediete payment. Pass a journal entry for
this

Answer Posted / fu all

WTF is this people don't u know that basic principle that -
every debit should have equal and correspondent credit....
________________________________________________

Debtors a/c Dr 5000
Cash a/c Dr 4500
Discount a/c Dr 500

To sales a/c 10000

________________________________________________

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