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Kwamenah bought goods worth Le 50,000 from Doe and Sons Limited on the following terms: ...

Kwamenah bought goods worth Le 50,000 from Doe and Sons Limited on the following terms: 3% trade discount: 10% cash discount. Kwamenah returned defective goods worth Le 8,000 the next day and made payment for the remaining goods on the due date.

Kwamenah would record the 10% discount in the
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
  • A Sales journal
  • B Cash book
  • C Purchases journal
  • D Journal proper
Correct Answer: Option C
Explanation:

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