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
- 33407 Views
- Accenture, I also Faced
- E-Mail Answers
Answer Posted / b.uday kumar
Cash a/c Dr 4500
Discount a/c Dr 500
Sundry Debtors a/c Dr 5000
To sales a/c 10000
| Is This Answer Correct ? | 46 Yes | 1 No |
Post New Answer View All Answers
Define public accounting?
What will be the entry when deduct ESI @1.75% from the employees salary?Same as in the time of ESI of employer part @4.75% in tally posting? In PF posting in tally what will be the entry ?
Sir, I want to know about Entry Tax. I purchased the Packing Box from other state.the entry tax on the packing items is 5 %.but now sale tax deptt. close the entry tax on barrier. the tax will be deposited with return. sir we want to know can i deposit this entry taxon on CST challan or not. if not then how can i deposit, or which cloumn in return shown this amount. please send the return format my mail ID is happynlg@gmail.com
what is bank aceleted?
What is accounting for plant assets?
Why company issue shares at discount as its a loss ?
What is fair value accounting definition?
What is the provision? What is the entry for provision?
Opening stock 17499565 purchses 89693855 expanditure 1735800 deprciation 223309 patner salary 300000 interst paod 937500 provisions 119265 sales 91600120.adjustment 1 gross profit is 6.72percentage on sales.2.net profit is 3.10 percent on sales
Define trade bills?
BRIEF IN DETAIL REGARDING RATIOS
Explain what is accrual accounting?
WHAT IS THE DIFFERENCE BETWEEN ESTIMATED BALANCE SHEET & PROJECTED BALANCE SHHET
Productive Investment is Working Capital. Is it correct?
Do you know what is balance sheet?
