Interested to Buy Any Domain ? << Click Here >> for more details...
purchased a laptop for Rs.50000 and received one calculator
costing Rs.1000 for free. Both laptop and calculator
(stationery in nature) are meant for office use.What will
be the journal entry in the books of both the parties?
- 21 Answers
- 39734 Views
- I also Faced
- E-Mail Answers
Answer Posted / anoop.m
Laptop A/c 50000
Dicount A/c 1000
To Cash A/c 51000
| Is This Answer Correct ? | 0 Yes | 2 No |
Post New Answer View All Answers
what role did you play in collections?
Have you ever made mis reports and what are they?
What software applications have your used for accounts receivable?
What is purchase returns accounting
What is the provision?
What do we mean by Redemption of shares and debentures?
Tell me what is the abbreviation for the accounting terms debit and credit?
What is the abbreviation for the accounting terms debit and credit?
a.what products does your firm produce? b.what costs are asssigned to the product produced? c.for particular product,what direct materials are used? d.what percentage of total manufactoring costs is direct labor? direct materials?overhead? e.how is overhead assigned to the products? f.do you now use or plane to use an activity_based management system?why or why not?
What is Prepaid Entry
what is the meaning of written-off as goodwill written-off
What is the treatment of claim settled by insurance company but still receivable in profit and loss account
what is the treatment for employee contribution and employer contribution in in pf in accounts under which head??
Cello pen gross value is 935.89 for 12 nos 14.5% tax
please send me banking question on my email ID as I have been selected for state bank of india .my email ID is sawant.supriya51@gmail.com
