Interested to Buy Any Domain ? << Click Here >> for more details...
i have purchase goods for Rs.100 and company say you sell
this goods for Rs. 80 and raised a debit note for diffrence
amount and he fix 5 % commision on sales value what is
journal entry passed in tell with narration?
- 9 Answers
- 11072 Views
- I also Faced
- E-Mail Answers
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)
| Is This Answer Correct ? | 1 Yes | 3 No |
Post New Answer View All Answers
please send me banking question on my email ID as I have been selected for state bank of india .my email ID is sawant.supriya51@gmail.com
I got below mail stating to pay 8000 rupees to Wipro but when I went to wipro in sajapur, it was fake mail. If u receives this kind of mail, please don’t respond. Please inform to ur friends regarding this.
Wipro Limited
Dear candidate
Your Resume has been selected by ( Wipro Limited). I have attached your
Interview Process letter with this email. Kindly see the attached file.
Note - you can call in official working Hours Monday to Saturday – 9 Am to 2 Pm,
Company Website – www.wipro.com
Note - And more details you send a email Company
Email Add – career@wiprolimited.in
Best Of Luck
For More Details Please Click Here
Wipro Limited how can we get a leaverage in intraday market if are not a
professional acount holder? kindly send the TDS tariff on Security expenses, rents,
transport charges etc., what is the format of salary slip when basic ,
D.A.H.R.A. ,conveyance allowence , concluded and in
deduction part P.F. E.S.I. & P.Tax. Tell me what is accrual accounting? PRELIMINARY EXPENSES INCURRED IN THE YEAR OCTOBER 2012 MONTH
5LAKS WHICH ACCOUNTED IN ASSET SIDE AS ''PRELIMINARY
EXPENSES''... IN YEAR END MARCH 2013, IN 5LAKS HOW MUCH
AMOUNT SHOULD TAKE FOR PRELIMINARY EXPENSES WRITTEN OFF..?
wht is different between defered tax liablities and defered tax assets?????? Cash Processing Is buy or sale trade will impact on Nov? Yes/No
Please explain. Mention the types of ledgers? all GL Related Interview questions with answear If company invest Rs. 3,00,000 in Chit & Fund and later received with Profit Rs. 3,50,0000 = (Rs. 3,00,000 + 50,000 profit amount). Pls advise how to pass the profit amount...and in which head the profit amount goes What is bad debt expense? Do you think accounting standards are mandatory and why?
