Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...

what is the journal entry for purchase bill discount

Answer Posted / aashish salecha

01. On discounting of purchase bill
Party a/c Dr
To Bill Disvounting a/c

02. Payment of bill on expiry of discounting period
Bill Discounting a/c Dr
To Bank a/c

Is This Answer Correct ?    29 Yes 10 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

why are you selecting for the profitbulity analysis costing based& active based

2079


Expand-------SCAN

2006


Short Answer on ___________Appreciation

1906


when apply for ragistred in central excise no

1823


Calculate Income Ta X On Nett Income Of Rs 365520 For Men,women And Senior Citizen For The Assessment Years 2009- 10 And 2010-11?

1978


What Question ask in MARKIT Company?

6934


Please send me full details of MIS report how to prepare which item to be consider in MIS report? 2) full details of Esic, PF and Fbt and maharashtra labour welfare fund

2198


You configured new assets accounting for your company code with three depreciation areas that post in real time. When posting an external acquisition. How many documents are created?( any 1 answer) 2 3 4 6

2069


What is meant by consignment

2062


cash sales and credit sales both are asset or liability?

1399


Define `Realisation` Account? Explain the salient features?

3068


Expand---------BPCD

1980


Take me through the entire vendor cycle.

1940


what are the customization u have done in sap mm

2228


Calculate the total Depreciation for four or five Years so practice some problems on depreciation?

1966