Business, 25.12.2020 19:50, cassidyhead27

Bought goods from Bilal for $3000 less 20% trade discount. Bilal allowed Adeel 5% cash discount.
Sold goods to Imran for $800 less 10% trade discount. He allowed Imran 5% cash discount.
Bought goods from Asad for $1300 less 20% trade discount. Asad allowed Adeel
Purchased a delivery van on credit from Syed for $6000. The invoice for the van was no:324.
Returned goods which had cost $100 to Bilal.
Sold goods to Raza for $1100 less 20% trade discount. He allowed Raza 5% cash discount.
Imran returned goods which had cost him $60.
Purchased goods from Asma for $4000 less 25% trade discount. Asma allowed Adeel 5% cash discount.
Sold goods to Asma for $1500 less 20% trade discount. He allowed Amna 5%cash discount
Sold goods to Raza for $1600 less 20% trade discount. He allowed Raza 5%cash discount
Returned goods which had cost him $600 to Asma.
Amna returned goods which had cost her $300
Purchased goods from Bilal for $4000 less 20% trade discount. Bilal allowed Adeel 5% cash discount
Adeel settled all accounts he owed by cheque, and received cheque for all amounts owing by his customers. All discounts were taken.
(Make a ledger and a trial balance)!!

Answers: 1

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Bought goods from Bilal for $3000 less 20% trade discount. Bilal allowed Adeel 5% cash discount.