if goods purchased from x company for rs1000 in credit,out
of that 10% given discount for us what is the entry in
tally?
Answer Posted / sreenivas
PURCHASE A/C 1000 DR
TO DISCOUNT A/C 100
TO X CO A/C 900
| Is This Answer Correct ? | 1 Yes | 1 No |
Post New Answer View All Answers
Capital reserve is - a) real account b) nominal account c) personal account d) none of them
Key difference between indian accounting standards and international accounting standards is.
Do you know what is balance sheet?
Calculate the missing figures for company A. A Sales (TSR) (a) Total Variable Costs (TVC) (b) Total Fixed Costs (TFC) $24,000.00 Profit $0.00 Units Sold 1,000.00 Contribution Margin Per Unit (CMU) (c) Contribution Margin Ratio (CMR) (d) Break-Even Point (BEP) (Units) (e) Break-Even Point (BEP) (Dollars) $60,000.00
If company invest Rs. 3,00,000 in Chit & Fund and later received with Profit Rs. 3,50,0000 = (Rs. 3,00,000 + 50,000 profit amount). Pls advise how to pass the profit amount...and in which head the profit amount goes
Can u please send me a set of accounting base questoin with answer,genraly ask by interviewer?
what is the limit of cash payment in a manufacturing firm and job work related work and how much we paid to the job worker cash payment in financial year Aslam
Richman Corporation has 120,000 shares of $5 par value common stock outstanding. It declared a 10% stock dividend on June 1 when the market price per share was $12. The shares were issued on June 30. Instructions: Prepare the necessary entries for the declaration and payment of the stock dividend.
Definition of push down accounting
What are the features of financial accounting?
What is the tds effect in balance sheet if tds receipts?
Ours is a technology firm. We got a contract of 1 lac. It is payable at the end of the contract. How you will recognize revenue?
What Is Responsibility Accounting?
What is creative accounting?
HP EMPLOYYES - If any one in HP company, Please give refernce for attend the Accounting Job in chennai,Bpo- chetpet.If any one Worked there Please,Send mail to me Umaiyo@gmail.com.I have 1 year exp in banking sector, & 8 months exp in accounting in SIEMENS, at present I'm searching for a job.If any person see this mail,Kindly send mail to me. Thank U Friend.