Answer Posted / abhilash

purchase A/c dr 100
to Supplier A/c 100

(being credit purchase )

Buyer a/c dr 100
to Sales 100
(Being Sales )

commission on sales a/c dr 4
To Buyer 4
(Being commission paid on sales @ 5% on rs.80/-)

Discount A/c Dr 20
To Buyer 20
(Being Debit note issued to Buyer)

Tell us did you use accounting applications at your previous companies or prefer working manually?

962

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What is mis report , how to prepare mis report for general ledger?

1455

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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

5570

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what are the charecteristics of cost accounting financial accounting managment accounting payroll accounting environmental accounting h r accounting forensic accounting inflation accounting?

1908

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what are the limitations of accounting conventions

2507

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Dear sir , 1-what is diffrence local tax & vat 2 -what is sales tax. tds. service tax challan & return due date(monthly & quartly, annually) 3- what is deprecation rate in company act 4-what is income tax latest limit-

1827

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what is consignment entry?

2190

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what is payment written

1978

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What is the difference between trial balance and general ledger?

1032

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What is accounting for plant assets?

1111

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Fundamental accounting assumptions are (a) Materiality. (b) Business entity. (c) Going concern. (d) Dual aspect

1823

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If balancing account is not assigned to company & is assigned to department wat will be the effects

1971

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what is "goodwill" reserve and surplus and reserve with example

1967

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Tell me what are the three factors that can affect your cash flow and business profitability?

980

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Do you know what is the importance of team work in this position?

968

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