purchase of Rs 1000 were rejected and returned,however vendor
returned Rs 800 and balance Rs 200 is charged to sundry exp
A/c
Answers were Sorted based on User's Feedback
Answer / ashraf ali
Dr. Purchase Return A/c 800/-
Dr. Sundry Expenses A/c 200/-
Cr. Purchase A/c 1,000/-
Is This Answer Correct ? | 4 Yes | 0 No |
Answer / mahendra
Purchase return a/c Dr. 800
Sundry Exp. Dr. 200
TO Purchase 1000
Is This Answer Correct ? | 1 Yes | 1 No |
what is the journal entry for gas connection taken by company for preparing tea and coffee.
As per AS-26, preliminary expenses are to be written off in the year in which it is incurred. How will you treat Preliminary expenses in Cash Flow Statement of that year
Tell me what is an over accrual?
what is the entry for provission for salary t 31march and 1st april and payment
what is the differences between quality assurance and quality improvements?
WHAT IS TAX ? WHY SHOULD PAY TAX?WHAT IS THE NEED FOR PAYING TAX?
what is share
what is the purpose of preparing profit and loss appropriation account in the partnership firm?
An amount of $287 written off as a bad debt in a previous accounting period was received from photo services. How to pass the journal entry?
double entry system
1 Answers Spedag Interfreight,
Over or under provision of what is taken to profit and loss account as profit or loss at the time of termination or sale of Assets?
what is the difference in direct expenses and indirect expenses?