sold merchandise at rs 11,000 price and received in cash 9,000
what will be the journal entry
- 2 Answers
- 3694 Views
- I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / sajal pal
cash a/c...........dr. 9000
loss on sale a/c...dr. 2000
To sale of merchadise a/c 11000
| Is This Answer Correct ? | 5 Yes | 0 No |
Answer / vijay
CASH A/C DR.9000
DEBTOR A/C DR.2000
TO SALES A/C. 11000
(WHEN SALES MADE)
BAD DEBTS A/C DR 2000
TO DEBTORS A/C. 2000
(BEING AMOUNT NOT RECEIVABLE)
| Is This Answer Correct ? | 0 Yes | 0 No |
what is the new rate of c.s.t in uttraklhand
Why closing stock are not shown in trial balance?
What is Calculate Balanced Owned
What would be journal entry for--Encashed a bank draft belonging to X? Ans as given in textbook is Bank account debit to Cash account credit.......But shouldnt it be Cash account debit to Bank account credit...Wat do u guys feel??And do explain ur answers..Thnx in advance
what is p2p and waht is the p2p cycle
Describe me accounting rules
Calculate the P/V Ratio and BEP from the following particulars. Sales 5,00,000 Fixed Cost 1,00,000 Profit 1,50,000
in tally software, how is the entry for stock brought by owner in to the business as capital?
HOW GET DUTY AND DRAWBACK ? ON WHICH TYPES ITEMS WE GET DUTY DRAW BACK?
Whst is the formula for getting the GOODWILl ??
What is accrual concept?
what is the primary of for-profit organisation
Audit 
