Interested to Buy Any Domain ? << Click Here >> for more details...
what is difference between rebate and discount?
generally in bill of exchange accounting
- 1 Answers
- 7213 Views
- I also Faced
- E-Mail Answers
Answer / natasha
discount is a gernal discount any
boady can get that but rebate is
given in special cases with
retrospevctive effect like when one
achive a target of sale.
rebate on bill discount for
outstanding period which is expected
to realised after balance sheet date
=o/s bill on balance sheet
date*intrest rate*days aftr b/s
date/365.
discount A/c dr.
To rebate on bill.
| Is This Answer Correct ? | 2 Yes | 2 No |
The main objective of preparing a 'journal' is
Tell me the stages of double entry system?
what is tax deducted at source
How can you define departmental accounting?
The following are the list of Balances of SUNSHINE Company as at 1.2.2012 RM Land and building 450,000. Furniture and Fittings 35,000. Office Equipment 25,000. Motor Vehicles 75,000. Inventory 5,000. Trade Receivables 12,000. Trade Payables 8,000. Bank Loan 200,000. Bank 13,000. Cash in Hand 1,000. Capital 408,000.
What is BMP in IMS
instead of clicking backup,i selected restore in tally7.2 and all my data is lost and i also forgot the comapny name,which i wanted to restore?how to recover my data?
what is the entry for provission for salary t 31march and 1st april and payment
What are the items that are to be debited in accounting and what are the items that are to be credited in accounting?
What are the current liabilities & current Assets
when company pass ordinary resolution
What is definition of a cash float in accounting?
Audit 
