if goods purchased from x company for rs1000 in credit,out
of that 10% given discount for us what is the entry in
tally?
Answers were Sorted based on User's Feedback
Answer / satish(sasa)
actually general entry is
purchase a\c-dr,
to,discount receiveda\c,
to,party name a\c.
note-but in tally.erp this entry not coming its simply
adding in purchase a\c.so we have to do please reply me
Is This Answer Correct ? | 19 Yes | 4 No |
Answer / nagachandra pattar
1)Purchase A/c Dr 1000
To X Co A/c 1000
(In F9 Purchase Voucher)
2)X Co A/c Dr 100
To Discount Recd A/c 100
(In F7 Journal Voucher)
Is This Answer Correct ? | 8 Yes | 2 No |
Answer / mahesh
cash sales cr 1000
x company dr 900
discount allowed dr 100
narration:towards sale of rice bag.
Is This Answer Correct ? | 1 Yes | 0 No |
Answer / taruna
Purchases A/c..... Dr. 1000
To Discount received 100
To X A/c 900
Reason:- Actual purchase is for 1000/-
Discount recd. is our income (cr. all Income & gains)
Now Company have to pay only Rs. 900/-
Is This Answer Correct ? | 0 Yes | 0 No |
Answer / pradip
purchase A/C ..... Dr 900
Discount receive A/C .. Dr 100
to X company A/C 1000
Is This Answer Correct ? | 4 Yes | 8 No |
What is American approach? Why do we use it inspite of Modern approach or Enlish approach ?
what is , Purchase & Sales Return?
Q): Intangible assets(Goodwill,patents,copyright etc) how we amortise it.. this intangilble assets value can increase so till life time we should amortise these assets please guys explain me this structure?
What is the Diffrence Between Expenses & Expenditure ??
is mba finance related with accounts
wt is Bank Guarantee?wt the pr0 cedure of BG
Cheque
2 Answers Bank Of America, Pioneer,
Do is it proper fo an engineer to head a bank without a good backgroud in accounting? ?
Are there any questions you would like to ask?
How to pass advance entry in tally, and how it should adjust against future invoice.?
Expand SEBI
What is suspense account?