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Following transactions are given: January 10: Sold to ABC Furniture House: 2 sets Sofa Set @ Rs. 20,000 each 10 Chairs for Rs. 10,000 (Trade Discount…

BBS Financial Accounting and Analysis · 2083 · Solved Question with Answer

Following transactions are given:

  • January 10: Sold to ABC Furniture House:

    • 2 sets Sofa Set @ Rs. 20,000 each

    • 10 Chairs for Rs. 10,000

    • (Trade Discount @ 10%)

  • January 25: Sold to XYZ Furniture House:

    • 10 Tables @ Rs. 1,500 each

    • 10 Chairs @ Rs 1,000 each with trade discount @ 5%

Required: Sales book

Solution

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