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...

purchases for rs100. vat @ 10% and cash discount rs 5 what
is the entry passed

Answer Posted / sadashiva

Purchase A/c Rs.100
Input Tax Dr Rs.10

To Cash Discount Recd. Rs.5
To Cash Rs.105
(Being Cash paid towards the purchase of Book)

Is This Answer Correct ?    5 Yes 2 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

give the examples of Error of Duplication?and Error of compensatin? with entries

4774


purchase car from toyota innova 50000 cheque from one firm and 449893 from other firm.... and 1350000 loan saction from kotak mahindra.....how can entry make with interest

2063


give the details of overheads which are not included in costing

2004


How do you avoid loss situation

2022


why funds management doc is generated during migo and miro

1662


Since minority interest is balance sheet item, and got brought foward figure, how to disclose brought forward figure in consolidation work sheet instead of we make adjustment on current year to show their share in subsidiary.

2052


where does the closing stock appears in the trial balance?

2025


what is Accounting Standers?

2242


WHAT IS BANK RECONCILIATION STATEMENT? DIFFERENCE BET PUBLIC COMPANY AND PRIVATE COMPANY? MEMBERS IN PUBLIC CO AND PRIVATE COMPANY? WHAT IS DEPRECIATION?

2258


i have need full detail of tds rules and forms submitted dovetails

2078


What's the meaning of Preferential Creditor?

2293


what is portfolio Saint?

2057


What is a Balance Sheet & Profit & Loss Account?

2003


Dear All, Please reply ASAP. I have an account with SBI and ICICI bank. I have mention the Authorised bank address of SBI in our Shipping bill and GR. But we have received the Payments in ICICI Bank. Please inform who are able to realise the Bank Realisation Certificate (BRC)ICICI or SBI. Can SBI are quolify for refuse for BRC Application. Please reply of this query on jani_janikalpesh@yahoo.com regards Kalpesh Jani 9978912950

2455


How will be prepare invoice in tally, please tell me step by step

2865