Interested to Buy Any Domain ? << Click Here >> for more details...
What is the entry for Discount Received? & What is the
entry for discount paid?
- 13 Answers
- 66531 Views
- Azizi Bank, i4 Mobiles, WNS, I also Faced
- E-Mail Answers
Answer Posted / kavita sharma
1) If we do entry for discount received
Then,
Creditors A/c Dr
To Discount Received A/C
2) If we do entry for Discount Allowed
Then,
Discount Allowed A/c Dr.
Party A/c Cr.
| Is This Answer Correct ? | 2 Yes | 0 No |
Post New Answer View All Answers
IF ONE SUB CONTRACTOR GIVE US BILL OF RS.120000 FOR APRIL,RS.110000 FOR MAY & RS.180000 FOR JUNE WITH LABOUR CHARGES INCLUDING VAT @12.5%.HOW MUCH AMOUNT SHOULD WE DEDUCTED AS A WCT TAX?
what is difference among credit, loan, advance
HOW WE MAKE A RESERVE AND AFTER ITS USE HOW WE NIL IT PLEASE MAKE A PROPER ENTRY.
Who owns the general ledger?
Hi, I am working at Himachal Pradesh, there we pay entry tax for purchase other state. but now govt decide this tax will be deposited with Sale Tax return, now my question is that where column i show this tax or which challn i deposit this tax
what is profitability ratio and dividend policy ratio
Account for letter of credit in the books?
WHY U HAVE CHOOSE ICWA WHY NOT CA
What GP resew of balance sheet taking.
What is Time capital
What are the 5 basic accounting principles?
what is book building
a cheque is received from a debtor and is deposited in the bank on the same day. what will be the journal entry?
Define offset accounting?
Tell me did you use accounting applications at your previous companies or prefer working manually?
