Sale of Rs.10000, where in 50% is on credit and there 10%
discount on the immediete payment. Pass a journal entry for
this
Answer Posted / alok patkar
Party a/c dr 5000
disc a/c dr 500
cash a/c dr 4500
to sales a/c 10000
| Is This Answer Correct ? | 2 Yes | 0 No |
Post New Answer View All Answers
can i direct payment made t code f-53 to bsnl agst telephone exp.? or 1st create a/c.of bsnl and book in fb60 then payment made whose correct?
Define trade bills?
what is a corporate chart of accounts and its purpose?
What is book profit? How it was calculated
When Iam entering sales in Tally ERP 9, It Is not reflecting in the stock, Why itt is happends like this ? I entered sales with delivery note Number, So think that is because it is not reflecting in Stocks, and when iam checking in the stocks its saying negative stock
Is push down accounting accepted under generally accepted accounting standards?
if you are a hard working nature conclude your self?
is it related to b.com syllabus or puc syllabus
give me examples of the accounting reports you have prepared
Why in KE5Z report in SAP Accounting Data not found?
how to calculate ESI,PF,PRO.TAX, INCOME TAX, VAT, T.D.S, EXCISE PLEASE SAY ANSWER IN DETAIL WITH PROPER UNDERSTANDING PLEASE SAY THROUGH WITH EXAMPLE
What are the rules for debit and credit for different accounts to increase the amount in your business accounts?
The main financial accounting statements?
What is the logic behind this entry P & L Appropriation A/c ..........Dr. To Provision for income tax A/c
Please describe your experience in inventory reporting & valuation including reconciliation of inventory accounts.