12. Journalise the following transactions in the books of Dixit & Sons.:

2023
March 2 Sold goods to Dilip of the list price of ₹62,000 for ₹60,000.
16 Purchased goods costing ₹2,00,000 from Hari & Co. Paid 75% immediately by cheque to avail 4% discount.
20 Sold goods to Vishal Traders costing ₹40,000 at 25% profit, allowing 10% trade discount and 10% cash discount. Received 80% payment immediately by cheque.
26 Sold goods to Brij & Co. costing ₹50,000 at 40% profit, allowing 10% trade discount and 5% cash discount. Brij & Co. paid the full amount by cheque and availed cash discount.

D.K.Goel/2024 Edition/Practical Questions/Q-12

For full question, please refer to the text book Accountancy Class-XI by Mr. D.K.Goel published by Avichal Publishing Company

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