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11B. Journalise the following transactions 1. Sold goods 12,000 to Thakur & Co., issued at 20% above cost less 10% discount 209?
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11B. Journalise the following transactions 1. Sold goods 12,000 to Tha...
Date: [Date]
Account Title: Sales
Debit: $12,000
Credit: Accounts Receivable - Thakur

Explanation: We sold goods worth $12,000 to Thakur. The Sales account is debited to record the increase in revenue, while the Accounts Receivable - Thakur account is credited to record the increase in the amount owed by Thakur for the goods purchased.
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11B. Journalise the following transactions 1. Sold goods 12,000 to Thakur & Co., issued at 20% above cost less 10% discount 209?
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