Purchase goods worth rs 15000 @ 5% trade discount?

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Purchase goods of Rs 15000 from usman tailors at 5% discount?
Posted by:
Abdul Razak
20-November-2019

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Question added by riteek sethy
Date Posted: 2016/09/18

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by MAHBOOB AHMAD , Chief Accountant , Multi Task Company (Chaaye Khana-Multan): Pakistan

Purchases A/c. Dr. 15000

Trade Discount A/c. Cr.750

Cash A/c. Cr. 14250

Being goods purchased with discount

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