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I have to discuss a question on financial accounting with any expert
Read the following transaction and answer the given questions:-
Pankaj deals in furniture business.he bought goods from avinash rs.20,000@10% trade discount and 5% cash discount. But pankaj could not avail cash discount. Q1.tell whether the following transaction is in cash or in credit. Q2.will any ledger account be made for avinash? |
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