please answer me as soon as possible, it is urgent . Don't answer if you don't know.
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please answer me as soon as possible, it is urgent . Don't answer if you don't know.
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Explanation:
LIST PRICE=7000
LESS TRADE DISCOUNT 15%=1050
VALUE=5950
5. is wrong given in the above answer, its entry will be
raja ram. A/c dr.
to bank A/c
to discount Allowed A/c
also not sure about the opening entry, else everything is correct
hope it helps you