Wht is the differance between Trade discount and cash
Discount?
Answer Posted / preeti piplani
Trade Discount does not show in the books of account& Cash
Discount get at time of Cash payment
| Is This Answer Correct ? | 35 Yes | 2 No |
Post New Answer View All Answers
What is meant by balancing?
What are the 4 principles of gaap?
"Trial Balance is not a comclusive proof of the accuracy of the books of accounts." Explain this statement and describe the errors which are not disclosed inspite of the agreement of trial balance.
what are the main important accounting entries for AP and AR ...
Explain me your current/former role, your responsibilities, and how success is/was measured?
i am trying to set up a recurring reversing journal in Oracle GL, my problem is i have income balance of £30k that i only want to show 1/12th in a period over 12 months. can any one help me set it up . i want to show P01-13 opening balance £30k less £27500 P02-13 reverse P01-13 journal P02-13 opening balance £30k less £25000 etc. or does anyone know of another way it can be done automatically every month.
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
Is there a difference between accounting for conversion of bonds and accounting for the conversion of preferred stock?
What are mis reports?
WHAT IS MIS REPORT IN ACCOUNTS ? WHAT IS ITS USE IN ACCOUNTS & GIVE WITH AN EXAMPLE ?
If assume we paid 50/- as an advance for worth or 100/- goods, but our supplier sent only up to 25/- worth of goods. Know my question is that we want to close the transaction now and how it possible? What about vat like tax setups in ap and ar? What about the sweep command in ap?
what is the D.V.T. rate from 1/10/2009
Where do we create House banks and what is the process in sap fico
how in the big companies the budget are prepared and controlled?
using examples, examine the relevance of the following as final accouting adjustments; 1.reserves 2.provisions 3.disposal of assets 4.control accounts