what will be the entry for credit purchases with discount
Answer Posted / shaheed
purchase a/c Dr
To creditor a/c
To discount received a/c
| Is This Answer Correct ? | 3 Yes | 0 No |
Post New Answer View All Answers
bank jobs
How to group the companies in tally?
Explain financial accounting. What are its characteristic features?
How can i learn shortly Tally from computer coz, i want to take a company Balance Sheet
How can do it TDS in accounts?
Sold goods to Gasha 600 by cash
What are its characteristic features of financial accounting?
Time limit for payment of divident for listed limited companies & Unlisted public limited companies are? 30 or 45 or 60 or 90
1.recivable and payble 2.pf,tds,esi
Do you know company's payable cycle?
In the Manufacturing IF QC reject the material. Then where to record rejected material amount.
if no production is take place at the start of a process in royalty accounting what will be the accounting procedure for that.
SHADOW BALANCE SHEET
Mohan sold goods on 1st sep 2009 for the rs 200000/- to sohan immediatly accepted a 3 month bill.on the due date sohan request for the renewal of the bill for further peirod of two month .mohan agree to pay interest @9% per annum to be inculuded in the new bill . determine the amount of new bill?
Explain me what is general ledger account?