Interested to Buy Any Domain ? << Click Here >> for more details...
Sale of Rs.10000, where in 50% is on credit and there 10%
discount on the immediete payment. Pass a journal entry for
this
- 26 Answers
- 33420 Views
- Accenture, I also Faced
- E-Mail Answers
Answer Posted / surendra jain
creditors a/c dr. 5000/-
discount a/c dr. 500/-
cash a/c dr. 4500/-
To, Sales a/c cr. 10,000/-
| Is This Answer Correct ? | 47 Yes | 25 No |
Post New Answer View All Answers
At the time of advance tds deducted 2% contract which was wrong but when we adjusting the adavace tds deducting 10% rent how can we adjusting that amount
Where the financial accounting fails the cost accounting for is rescue but still there are some limitations deficiencies in the system?
What is fiduciary accounting?
i wana give an interview as sr. excise officer what r the question will asked by interviewer ??? Please suggest me so I can clear inteview.thank u
what is the difference between accounting and bookkeeping?
If a prospective client kept presenting you with excuses not to buy, what would you do?
what do you mean byrecoupment of shortworkings in royalty accounts
what is the due date of 28th feb
WHETHER WE CAN BOOK ALL PRELIMINARY EXPENSES, INCLUDING ACCESSORIES RELATED TO PURCHASE OF A NEW VEHICLE TO CAPITAL EXPENDITURE?
Anti Takeover policies
Differentiate between provision and reserve?
why are accounting firms needed?
Describe the advantages and disadvantages of the different accounting packages/systems you have used recently in your accountant jobs
Why Is The Distinction Between Product Costs And Period Costs Important?
we can transfer stock between two firms with same name but prop. is different.
