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goods sold to mr x of rs5000/-,out of that we give him
discount allowed of rs 500/-,and we take setting charges of
rs1000/-.so what will be the entry?
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Answer Posted / satish(sasa)
cash a/c-------------------Dr, 5500
discount allowed a/c-------Dr, 500
To,sales a/c 5000
To,setting charges a/c. 1000
| Is This Answer Correct ? | 7 Yes | 1 No |
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