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 will be the entry for credit purchases with discount

Answer Posted / pankaj kr. jangir

PURCHASE A/C DR.
TO SUPPLIER A/C CR.
TO DISCOUNT A/C CR.

Is This Answer Correct ?    10 Yes 1 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

if co. (proprietorship). purchase mobile phone for employees than mobile phones under off. equipment .we have rec. purchase bill gst applicable how shows entry

1494


is there is mentioned that we can adjust excess debtors with creditor in the stock statement while calculating Drawing Power

1643


Your grandfather is 75 years old. He has total savings of Rs.80,000. He expects that he live for another 10 years and will like to spend his savings by then. He places his savings into a bank account earning 10 per cent annually. He will draw equal amount each year- the first withdrawal occurring one year from now in such a way that his account balance becomes zero at the end of 10 years. How much will be his annual withdrawal?

2243


i am normally accountant. i am not a CA. then i learn a account maintain

1819


how to upload ledgers in excel or word document

1999


Is financial accounting necessary?

1052


What is an operative accounts?

1050


I want to know the Payroll Accounting Questions

2678


Where a cash discount should be recorded in a journal entry?

1070


Define push down accounting?

1008


Describe yourself briefly why you are outstanding for this post "Finance Coordinator"?

2223


salary payable deduct tds entry

1585


How can I put Bank Guarantee Receipt entry in Tally ERP9?

3823


Tell me why some asset accounts have a credit balance?

1096


Do you know what qualities and skills make an account manager successful?

1092