Journalise the following transactions in the books of Dixit & Sons. Sold goods to Shubham of the list price of ₹ 75,000 for ₹ 70,000.
Journalise the following transactions in the books of Dixit & Sons.:
[Ans. Total ₹ 3,78,600; Cash Discount on Jan. 16 ₹ 6,000; Jan 20. ₹ 3,600 and Jan. 26 ₹ 3,150.]
| 2025 | |
| Jan 3 | Sold goods to Shubham of the list price of ₹ 75,000 for ₹ 70,000. |
| 15 | Purchased goods costing ₹ 2,00,000 from Mayank. Paid 75% immediately by cheque to avail 4% discount. |
| 21 | Sold goods to Vishal Traders costing ₹ 40,000 at 25% profit, allowing 10% trade discount and 10% cash discount. Received 80% payment immediately by cheque. |
| 28 | Sold goods to Brij & Co. costing ₹ 50,000 at 40% profit, allowing 10% trade discount and 5% cash discount. Brij & Co. paid the full amount by cheque and availed cash discount. |
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