Question

Sold goods for cash of the list price of Rs 8,000 at `10%` trade discount and `3%` cash discount. Posting will be made in Discount A/c:
A. Rs 216 on Debit side
B. Rs 216 on Credit side
C. Rs 240 on Debit side
D. Rs 240 on Credit side

Answer 1

Correct Answer - A