Interested to Buy Any Domain ? << Click Here >> for more details...
Answer Posted / sadia
Bothe are forms of discount offered or recieved by us.
Only, trade discount is not recorded in books, but cash
discount is.
This means, when make a an entry first deduct trade
discount, the adjusted figure should be entered as cost
price, next record with cash dicount on either side of
petty cash book.
| Is This Answer Correct ? | 3 Yes | 2 No |
Post New Answer View All Answers
Accounting transactions are recorded in accordance with thier legal form or substance. Briefly explain the legal form and substance of the accounting transactions and give one relevant example.
Explain what does the standard journal entry includes?
Sir, I want to know about Entry Tax. I purchased the Packing Box from other state.the entry tax on the packing items is 5 %.but now sale tax deptt. close the entry tax on barrier. the tax will be deposited with return. sir we want to know can i deposit this entry taxon on CST challan or not. if not then how can i deposit, or which cloumn in return shown this amount. please send the return format my mail ID is happynlg@gmail.com
What would be journal entry for--Encashed a bank draft belonging to X? Ans as given in textbook is Bank account debit to Cash account credit.......But shouldnt it be Cash account debit to Bank account credit...Wat do u guys feel??And do explain ur answers..Thnx in advance
Do you know what is icai?
How many invoices on average do you handle on a weekly/monthly basis?
What do you know about this position?
What is ERP? Diff b/w Income & Expenditure a/c & P/L a/c? What is the fullform & the application of SAP? What is the reasons where Balance sheet will not tally?
WHAT IS ACCOUNTING HEAD FOR TRADE FINANCE? I HAVE PAID 49268 FOR TRADE FINANCE.WHERE SHOULD I TAKE IN TALLY
Is transfer Profit / loss account to capital account important in Tally ERP 9 at the end of the financial year? And what is the benefit of transferring P/L account to Capital account ? Please I want someone to answer my question, this is my second question I posted one question 2 days ago also nobody reply to that question. Thank you.
Tell me entries to revenues accounts such as service revenues are usually?
is WCT aplicable on educational institutions also??????
what is the D.V.T. rate from 1/10/2009
Spinoff,Spelloff
Explain a time when you have not met your goal?
