What is general entry credit purchase with discount?
Answer Posted / babita sharma
Purchase A/c Dr. 5000
To Party name Cr. 4000
To Discount Received Cr. 1000
Discount head creat indirect income head.
| Is This Answer Correct ? | 4 Yes | 2 No |
Post New Answer View All Answers
The claim recoverable has been settled with the insurance company for 2000.what is the actual stock lost value? Please give me in calculation.
Hello friends, I want to sk that Is computer proficiency certificate necessary at the time of SBI clerk Interview?and all other guys who have cleared the nov 2009 exam and have got the bio data form please give replies,,, waiting for replies ,thank you.
What is a ledger? What do you mean by ledger posting?
Why current assets Liability said & current Liability Assets said...?at tally ERP9
credit card expenses entry kisme pass karenge
Explain me scrap value in accounting?
What are the types of liabilities accounts?
Explain me how much mathematics knowledge is necessary or required in accounting?
pass journal entries of the following transaction in the books of AG sindh, AGPR,FTO and SBP: 1)DDo sindh house submitted a bill for purchase of furniture to AGPR islamabad for Rs.200000 on 20th March 09; 2)AGPR issued cheque on 2nd april which was cleared by SBP on 5th April; 3)On 26th may, voucher were exchanged in the clearing house; 4)On 28th May, AG sindh issued advise to settlement to SBP karachi; 5)On 5th june,SBP HQ karachi sends a copy of clearnce memo along with bank statement to AG sindh and AGPR for settlement made on 31st May.
In 3 way match.....Order qty is 100 and received 90 and 10 got rejected. But the supplier sent an invoice for 100 qty. what are the steps we need to take in SAP. Whether we need to reject the invoice or process with the 90 qty .please explain with real time.
{in tally}in inventory info what is (stock group, stock categori, stock item,reorder levels) why we has to prepare them?
what is gl a/c? & why is it maintain
Explain what is liabilities and what all does include in current liabilities?
what are the adjustments and treatment with connection to the profit and loss appropriation accounts and how they do?
At the time of depreciation run we selected actual dep key is 5% but we taken 7% so the depreciation was posted wrongly how to rectify it?