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Pass the Journal entries for the following transactions of Sahil:April 1 Sahil introduced cash as capital Gave cheque from his Savings Account 1,00,000April 2 Purchased goods of ₹ 1,00,000 against cheque less 10% Trade DiscountApril 2 Issued cheque as advance for Machinery 1,00,000April 3 Purchased Goods of 2,00,000 less 25% Trade Discount and paid immediately availing Cash Discount of 2% April 7 Sold goods to Rakesh against cheque 50,000April 10 Sold goods to Raman 25,000 less 10% Trade Discount .April 14 Received cheque from Raman and allowed 2% Cash Discount? for Commerce 2024 is part of Commerce preparation. The Question and answers have been prepared
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Solutions for Pass the Journal entries for the following transactions of Sahil:April 1 Sahil introduced cash as capital Gave cheque from his Savings Account 1,00,000April 2 Purchased goods of ₹ 1,00,000 against cheque less 10% Trade DiscountApril 2 Issued cheque as advance for Machinery 1,00,000April 3 Purchased Goods of 2,00,000 less 25% Trade Discount and paid immediately availing Cash Discount of 2% April 7 Sold goods to Rakesh against cheque 50,000April 10 Sold goods to Raman 25,000 less 10% Trade Discount .April 14 Received cheque from Raman and allowed 2% Cash Discount? in English & in Hindi are available as part of our courses for Commerce.
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Here you can find the meaning of Pass the Journal entries for the following transactions of Sahil:April 1 Sahil introduced cash as capital Gave cheque from his Savings Account 1,00,000April 2 Purchased goods of ₹ 1,00,000 against cheque less 10% Trade DiscountApril 2 Issued cheque as advance for Machinery 1,00,000April 3 Purchased Goods of 2,00,000 less 25% Trade Discount and paid immediately availing Cash Discount of 2% April 7 Sold goods to Rakesh against cheque 50,000April 10 Sold goods to Raman 25,000 less 10% Trade Discount .April 14 Received cheque from Raman and allowed 2% Cash Discount? defined & explained in the simplest way possible. Besides giving the explanation of
Pass the Journal entries for the following transactions of Sahil:April 1 Sahil introduced cash as capital Gave cheque from his Savings Account 1,00,000April 2 Purchased goods of ₹ 1,00,000 against cheque less 10% Trade DiscountApril 2 Issued cheque as advance for Machinery 1,00,000April 3 Purchased Goods of 2,00,000 less 25% Trade Discount and paid immediately availing Cash Discount of 2% April 7 Sold goods to Rakesh against cheque 50,000April 10 Sold goods to Raman 25,000 less 10% Trade Discount .April 14 Received cheque from Raman and allowed 2% Cash Discount?, a detailed solution for Pass the Journal entries for the following transactions of Sahil:April 1 Sahil introduced cash as capital Gave cheque from his Savings Account 1,00,000April 2 Purchased goods of ₹ 1,00,000 against cheque less 10% Trade DiscountApril 2 Issued cheque as advance for Machinery 1,00,000April 3 Purchased Goods of 2,00,000 less 25% Trade Discount and paid immediately availing Cash Discount of 2% April 7 Sold goods to Rakesh against cheque 50,000April 10 Sold goods to Raman 25,000 less 10% Trade Discount .April 14 Received cheque from Raman and allowed 2% Cash Discount? has been provided alongside types of Pass the Journal entries for the following transactions of Sahil:April 1 Sahil introduced cash as capital Gave cheque from his Savings Account 1,00,000April 2 Purchased goods of ₹ 1,00,000 against cheque less 10% Trade DiscountApril 2 Issued cheque as advance for Machinery 1,00,000April 3 Purchased Goods of 2,00,000 less 25% Trade Discount and paid immediately availing Cash Discount of 2% April 7 Sold goods to Rakesh against cheque 50,000April 10 Sold goods to Raman 25,000 less 10% Trade Discount .April 14 Received cheque from Raman and allowed 2% Cash Discount? theory, EduRev gives you an
ample number of questions to practice Pass the Journal entries for the following transactions of Sahil:April 1 Sahil introduced cash as capital Gave cheque from his Savings Account 1,00,000April 2 Purchased goods of ₹ 1,00,000 against cheque less 10% Trade DiscountApril 2 Issued cheque as advance for Machinery 1,00,000April 3 Purchased Goods of 2,00,000 less 25% Trade Discount and paid immediately availing Cash Discount of 2% April 7 Sold goods to Rakesh against cheque 50,000April 10 Sold goods to Raman 25,000 less 10% Trade Discount .April 14 Received cheque from Raman and allowed 2% Cash Discount? tests, examples and also practice Commerce tests.