what is the journal entry for purchase bill discount
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Answer / ramesh
Purchases a/c Dr.
To Bill discount on purchases a/c
To Cash / bank a/c
| Is This Answer Correct ? | 1 Yes | 1 No |
Answer / varma
purchases a/c dr
to cash a/c
to discount recived a/c
| Is This Answer Correct ? | 0 Yes | 0 No |
Answer / gangadharan
discount on purchase a/c dr
Purchase a/c Cr
| Is This Answer Correct ? | 33 Yes | 41 No |
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The following Trial Balance was extracted from the books of Chetan.Do you think that it is correct? If not,rewrite it in the correct form. Debits Rs Credits Rs ------------------------------------------------------------ Stock |8250 | Capital |10000 Purchases |12750 | Sales |15900 Returns outward |700 |Returns inwards |1590 Discount received|800 |Discount allowed |800 Wages & salaries |2500 |Scooty |1750 Rent and rates |1850 |Carriage charges |700 Sundry debtors |7600 |Sundry Creditors |7250 Bank Overdraft |2450 |Bills payable |690
what is TDS pls give me the best answer
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0 Answers Capital IQ, Construction, Genpact, Real Estate,
What if FICR?