Sale of Rs.10000, where in 50% is on credit and there 10%
discount on the immediete payment. Pass a journal entry for
this
- 26 Answers
- 29079 Views
- Accenture, I also Faced
- E-Mail Answers
Answer Posted / jewel jeevan
Cash a/c dr. 4500
Sy.debtors a/c 5000
Discountallowed a/c500
Sales A/c 10000
| Is This Answer Correct ? | 0 Yes | 0 No |
Post New Answer View All Answers
When we received payment from creditors
In 3 way match.....Order qty is 100 and received 90 and 10 got rejected. But the supplier sent an invoice for 100 qty. what are the steps we need to take in SAP. Whether we need to reject the invoice or process with the 90 qty .please explain with real time.
What is Prepaid Entry
1. Why do wish to study in canada in the program for which you have been accepted? 2. What is your overall education goal? 3. Why are you pursuing a similar program in your country of residence/citizenship? 4. What research have you done into studies in your country of residence/citizenship? 5. How will this program enchance your employment opportunities in your country of residence? please send me all possible answer i hope your answer will help me a lot...
my interview is on tuesday so i just want to know everything about the interview like which type of question they will ask me as i completed m.com . please helm me plz plz
Spinoff,Spelloff
Is it possible to change the accounting period under Indian GAAP from 1/Apr-31March to 1/January-31/December? There is any restriction in doing that, i mean for example for fisal purposes? Thank you all!
Mention what does the investment of personal assets by the owner will do?
rate of vat on gold purchase local & o.m.s. & rate of % in sale local & o.m.s.
what is an ideal organisation
Tell us did you use accounting applications at your previous companies or prefer working manually?
Hi.. I am pursuing my MBA II year thrgh distance frm O.U HYD., Pls let me know any jobs...in Bank jobssssss
What is accounting chart of accounts?
Explain what is involved in the process of double-entry accounting?
What would be the entry at the time of Generating Tution Fee Challan for Advance fees. (e.g In the Month of April, Fees of June and July in being asked to pay by school to their students?,
