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Sale of Rs.10000, where in 50% is on credit and there 10%
discount on the immediete payment. Pass a journal entry for
this
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Answer Posted / suraj
cash a/c dr 4500
sundry debtor a/c dr 5000
discount a/c dr 500
to sales a/c 10000
this is correct entry
| Is This Answer Correct ? | 2 Yes | 1 No |
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in our co we are sales of good to branch in order sales+fright, branch made jv entry in own book as full amount debit and credit. now our book show sales without freight but branch shows including freight that why differences is arise due to wrong entry passes pls clarify this entry and this entry is done last year book now balance is finalize.
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