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Purchase goods Costing Rs 100000 from sahil and co.Paid 60%immedistely by cheque to avail 5%discount?
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Purchase goods Costing Rs 100000 from sahil and co.Paid 60%immedistely...
Guidelines for Purchasing Goods Costing Rs 100000 from Sahil and Co.
To purchase goods costing Rs 100000 from Sahil and Co., follow the below guidelines:
1. Determine the Payment Method
- Decide the payment method that you will use for purchasing the goods. You can either pay through cheque or cash.
2. Negotiate the Terms
- Negotiate with Sahil and Co. for the terms of payment, delivery, and other related aspects.
- You can also discuss the possibility of getting a discount for your purchase.
3. Calculate the Discount
- Calculate the discount that you can avail if you pay 60% of the total cost immediately by cheque.
- As per the given information, you can get a 5% discount if you opt for this payment method.
4. Prepare the Cheque
- Prepare a cheque for the 60% of the total cost that you need to pay immediately.
- Make sure to mention the correct amount, date, and other relevant details on the cheque.
5. Make the Payment
- Submit the cheque to Sahil and Co. and complete the payment process.
- You can collect the goods once the payment is processed and the terms are fulfilled.
6. Keep the Receipts
- Keep all the receipts and documents related to the purchase, payment, and delivery of goods.
- These documents can be useful for future reference, accounting, and audit purposes.
Conclusion
By following the above guidelines, you can purchase goods costing Rs 100000 from Sahil and Co. and avail a 5% discount by paying 60% of the total cost immediately by cheque. Make sure to negotiate the terms, calculate the discount, prepare the cheque, make the payment, and keep the receipts to complete the transaction smoothly and efficiently.
To purchase goods costing Rs 100000 from Sahil and Co., follow the below guidelines:
1. Determine the Payment Method
- Decide the payment method that you will use for purchasing the goods. You can either pay through cheque or cash.
2. Negotiate the Terms
- Negotiate with Sahil and Co. for the terms of payment, delivery, and other related aspects.
- You can also discuss the possibility of getting a discount for your purchase.
3. Calculate the Discount
- Calculate the discount that you can avail if you pay 60% of the total cost immediately by cheque.
- As per the given information, you can get a 5% discount if you opt for this payment method.
4. Prepare the Cheque
- Prepare a cheque for the 60% of the total cost that you need to pay immediately.
- Make sure to mention the correct amount, date, and other relevant details on the cheque.
5. Make the Payment
- Submit the cheque to Sahil and Co. and complete the payment process.
- You can collect the goods once the payment is processed and the terms are fulfilled.
6. Keep the Receipts
- Keep all the receipts and documents related to the purchase, payment, and delivery of goods.
- These documents can be useful for future reference, accounting, and audit purposes.
Conclusion
By following the above guidelines, you can purchase goods costing Rs 100000 from Sahil and Co. and avail a 5% discount by paying 60% of the total cost immediately by cheque. Make sure to negotiate the terms, calculate the discount, prepare the cheque, make the payment, and keep the receipts to complete the transaction smoothly and efficiently.
Community Answer
Purchase goods Costing Rs 100000 from sahil and co.Paid 60%immedistely...
Purchases a/c Dr 100000
to bank a/c 57000
to discount received a/c 3000
to sahil and co. 40000
to bank a/c 57000
to discount received a/c 3000
to sahil and co. 40000
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Purchase goods Costing Rs 100000 from sahil and co.Paid 60%immedistely by cheque to avail 5%discount?
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Purchase goods Costing Rs 100000 from sahil and co.Paid 60%immedistely by cheque to avail 5%discount? for Class 11 2024 is part of Class 11 preparation. The Question and answers have been prepared according to the Class 11 exam syllabus. Information about Purchase goods Costing Rs 100000 from sahil and co.Paid 60%immedistely by cheque to avail 5%discount? covers all topics & solutions for Class 11 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Purchase goods Costing Rs 100000 from sahil and co.Paid 60%immedistely by cheque to avail 5%discount?.
Purchase goods Costing Rs 100000 from sahil and co.Paid 60%immedistely by cheque to avail 5%discount? for Class 11 2024 is part of Class 11 preparation. The Question and answers have been prepared according to the Class 11 exam syllabus. Information about Purchase goods Costing Rs 100000 from sahil and co.Paid 60%immedistely by cheque to avail 5%discount? covers all topics & solutions for Class 11 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Purchase goods Costing Rs 100000 from sahil and co.Paid 60%immedistely by cheque to avail 5%discount?.
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