Question
What is the adjustment entry passed for provision for discount on Debtors?
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|
|
₹
|
|
₹
|
|
Purchase
|
1,20,000
|
Closing Stock
|
30,000
|
|
Sales
|
1,90,000
|
Carriage Inwards
|
7,000
|
|
Return Inward
|
10,000
|
Rate of Gross Profit on Sales
|
40%
|
|
Return Outward
|
4,000
|