Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...

What is the entry for Discount Received? & What is the
entry for discount paid?

Answer Posted / khazi raza mohammed

for discount recived

Cash A/c Dr 1000
to discount recived 1000

for discount paid

Discount paid a/c dr 1000
to cash a/c 1000

Is This Answer Correct ?    39 Yes 14 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

Tell us what is the abbreviation for the accounting terms debit and credit?

1163


What is accounting normalization?

1137


what will be the possible question for an interview in account post as a fresher

2031


bookkeeping, and accountancy,purchase procedure , Educational institutions ;, secretarial practices, Administratire and Academic rules and regulations in Government offices, Academic institutional , computer skils. etc

3151


How to prepare in yearly turnover?

2194


What is purchase returns accounting

1157


if company having a loss consecutive last more than 2 years, Depreciation on equipment should be appear in profit and loss a/c or pass the provision entry every unless company not recover profit. Please explain.

1743


i had taken one year gap in completing my graduation bcom should it be considered as backlogs i dont have any kt or anything else i have passed all exam in one trial

2101


please inform me , how to make employee ladger account of salary...please inform me with entry..e.g if we give 14000 salary, as structure we put it half amount in advance and half is salary so in this case how to make entry in employee ledger account...please inform me...both things..Thank You.

5034


Proprietor paid amount of Rs. 11060/- for car insurance. Pass Journal.

1482


What are the disadvantages of double entry system?

1115


all GL Related Interview questions with answear

2870


What is the purpose of financial statements?

1103


what do you consider to be the biggest challenge facing the accounting profession today?

1019


What is the definition of offset accounting?

1103