Interested to Buy Any Domain ? << Click Here >> for more details...
what will be the entry for credit purchases with discount
- 18 Answers
- 20100 Views
- Genpact, I also Faced
- E-Mail Answers
Answer Posted / kannan
PURCHASE A/C DR
TO DISCOUNT RECEIVED A/C CR
TO SUPPLIER A/C CR
| Is This Answer Correct ? | 1 Yes | 0 No |
Post New Answer View All Answers
give 3 reasons why capital is referred to as a special liability
What is WCT ? Who will Resposible for deposit WCT Means TDS Deductor or Material supplier. Is TDs applicable on WCT. Who will responsible for deposit WCT. I Am New For this Field. Thanks in advance...
Explain me by saying, perpetual or periodic inventory system; what do we mean?
we have received amount from others through debit/ credit cards. what is the ledger group of this? i am confused selecting the ledger group could you explain.
how to solve cashbook question
Where should tds received should show in balance sheet?
Tell me why some asset accounts have a credit balance?
What is general ledger account?
What is the treatment of claim settled by insurance company but still receivable in profit and loss account
What is service tax & excise?
What is purchase returns accounting
Define a company's payable cycle?
Q1.How depreciation deffer from depletion? Q2.show the main benefit from calculating and recording depreciation.
Accounting for vc money in financials
how can i settle the party ac with cr & dr
