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...

goods sold to mr x of rs5000/-,out of that we give him
discount allowed of rs 500/-,and we take setting charges of
rs1000/-.so what will be the entry?

Answer Posted / deepak thukral

Party a/c Dr (5000+1000) 6000
Discount a/c Dr 500

to sales a/c 5500
to setting charges 1000

Is This Answer Correct ?    1 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

what is t code of gr/ir report?

2735


sale cycle

1941


what is cost center & cost categories in tally

2348


what is the minimum & maximum amount paid by company per day

2119


What is a ledger in regards to accounting?

1154


What is account payee cheque? Expand ctc cheque?

1189


Explain me what makes a successful account manager?

1065


How many accounting standards are currently published?

1126


Do you have any idea about gst?

1100


how to calculate the rate of hard ,soft and very very hard rock rate of cubic meter

1589


Explain in simple terms what is the difference between asset, equity, and liabilities?

1088


How will I post entries to Tally If I purchased a Car in Loan. The principal Amount = 62930 Interest = 6846 Total = 69776 We have to pay Rs 1191 every month for 4 years which include Principle amount and interest. how can I post the monthly entries to tally

27430


What is trial balance? What does an accurate trial balance suggest?

1084


What is meant by partitioning?

1251


What is book profit? How it was calculated

6467