Sale of Rs.10000, where in 50% is on credit and there 10%
discount on the immediete payment. Pass a journal entry for
this
Answers were Sorted based on User's Feedback
Answer / umesh
SUNDRY CREDITORS A/C ........Dr 5000
Cash A/c.....................Dr 4500
Discount A/c.................Dr 500
To Sales A/c 10000
Is This Answer Correct ? | 0 Yes | 2 No |
Answer / iyyanar
cash a/c dr. Rs. 4500
discount allowed a/c Rs. 500
Creditors a/c Rs. 5000
To Sales A/c Rs.10000
Is This Answer Correct ? | 0 Yes | 3 No |
Answer / shyam
cash a/c 4500
discount 500
sundry creditors a/c 5000
to sales ac 10000
Is This Answer Correct ? | 4 Yes | 13 No |
Answer / sanjaykumar
cash a\c 4500
goods a\c 5000
to discount a\c 500
to sales a\c 9500
Is This Answer Correct ? | 2 Yes | 25 No |
cash a/c 4500
discount a/c 500
goods a/c 5000
to sale a/c 9500
Is This Answer Correct ? | 9 Yes | 34 No |
Answer / dharshini
cash a\c 4500
goods a\c 5000
to discount a\c 500
to sales a\c 9500
Is This Answer Correct ? | 13 Yes | 45 No |
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