Answer / sidharth das

purchase a/c dr
to party a/c
to discount received a/c

Answer / kannan

PURCHASE A/C DR
TO DISCOUNT RECEIVED A/C CR
TO SUPPLIER A/C CR

Answer / b.thirupathi

Purchases a/c............................dr
To Suplier a/c
TO Discount a/c

(being purchased on credit by getting discount)

Answer / subhasish dutta

Purchase A/c...................Dr. 2000
To Party A/c..........................1800
To Discount Received A/c.............. 200
(10% Discount Received)

Answer / sohaiol

purchase a/c dr
to creditors a/c dr
to discount received a/c dr

Answer / prem

vendor a/c credit with discount so entry will be;

To purchase a/c Rs.1000/-
By vendor a/c cr Rs.900/-
less discount Rs.100/-

Answer / mahalakshmi

purchase a/c Dr XXXX
To sundry creditor XXXX
Discount Received XXXX
(being credit purchses made & discount received)

Answer / raghvendra.singh521

credeit pur a/c dr
discount a/c dr

to party name

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