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
what is t code of gr/ir report?
sale cycle
what is cost center & cost categories in tally
what is the minimum & maximum amount paid by company per day
What is a ledger in regards to accounting?
What is account payee cheque? Expand ctc cheque?
Explain me what makes a successful account manager?
How many accounting standards are currently published?
Do you have any idea about gst?
how to calculate the rate of hard ,soft and very very hard rock rate of cubic meter
Explain in simple terms what is the difference between asset, equity, and liabilities?
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
What is trial balance? What does an accurate trial balance suggest?
What is meant by partitioning?
What is book profit? How it was calculated