Interested to Buy Any Domain ? << Click Here >> for more details...
what is the journal entry for purchase bill discount
- 15 Answers
- 38257 Views
- I also Faced
- E-Mail Answers
Answer Posted / rajesh
Below is few Journal Entries for Purchase Bill
discount .there are 2 types of entry can make
1) DR XXX ( Party name )
CR Discount Recd
2) Dr XXX ( Party Name )
Cr Purchase A/c
| Is This Answer Correct ? | 27 Yes | 10 No |
Post New Answer View All Answers
How does the accounting treatment of a partner's salary differ from that of an employee's salary in a partnership?
Can anyone give comparative data of NPA(non performing assets) of nationalised banks or BANKS IN INDIA for the last 5-10 years if possible with bifurcation substandard doubtful loss asset
institutional investors?
how Mis reports are used?n why it is used ? explain
let me know the minimum Accounting Heads in an accounting system
EXPAND___________NPO
how many schedules are there in accounting?
In Pricing the gallons of petrol sold,service station 'A' follows the first-in-first-out method,while service station'B'follows last-in-first-out method.On 1st January both has the same quantity in stock viz.6,000 gallons at Rs.26 per gallon.During the month,each station recieved additional supplies of 6,000 gallons at Rs.27.50 per gallon.Sales for each of these two stations,during the month,were 8,800 gallons at Rs.29 per gallon. Determine for each service station,profit earned during the month and value of the petrol in stock at close of the month.
Short Answer on ________Accounts Payables
what is similarites between tata motors and airtel
Define Payee
At Present Situation in sensex market is low, It converts the whole human being life into the depth. When and how it will change? Is it possible?
How to raise my credit score if I have 500 credit score?
Expand---------SDRT?
About Funding Working Capital to a Company? A company Turn over is 12 Cr, but in the bank statement credits per month is more that 3 Cr? how this could happen? awaiting your views?
