Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...

IS CASH DISCOUNT/RECIVED IS OPERATING EXPENSE/INCOME?

Answer Posted / gautam kothari

Cash discount paid is an operating expense. 

Is This Answer Correct ?    7 Yes 12 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

in terms of accounting the trial balance when is it taken?

1072


what are the items falling under the category of reserves and surplus? whether bills of exchange is a reserves and surplus item 2.whther errors of omission will affect the trial balance

1921


What is peach tree accounting?

1099


There are two Business areas 1100 and 1200. I need to pick 1200 b.areaonly While enter the transaction? could any one please post the answer for this.

1990


What was your average accounts receivable days outstanding/days sales outstanding?

1094


example wrongly financial statments showing vat refund (under Advances) for the finanical year 08-09 , but present assement year after assement by cto given vat refund more than ledger showing balance then decided to every month set off vat payable to vat refund(advance) but more than recoverd compare with company and cto then what is the entry to be take.

2205


WHAT IS CORE ACCOUNTING, GROUP CONSOLIDATION ? CONSOLIDATED ENTRY. COULD YOU GIVE ME AN EXAMPLE

13960


Explain me the basic accounting equation?

1050


What steps would you take before approving an invoice for payment?

1050


when we purchase of tractors and two wheeler vehicle from other state what we get taxes exemptions

1962


how to do asset appreciation in sap?

2757


Tell us what is a cpa?

1065


what is the rate of vat,cst,in mumbai

1703


What is a business transaction in accounting?

1145


the selling price of a prouduct of vintex limited inclusive of basic excise duty 16% and education cess 2% and SAH cess 1% is rs 3002. find the assessable unit of prouduct?

3116