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Sale of Rs.10000, where in 50% is on credit and there 10%
discount on the immediete payment. Pass a journal entry for
this
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Answer / suraj
cash a/c dr 4500
sundry debtor a/c dr 5000
discount a/c dr 500
to sales a/c 10000
this is correct entry
| Is This Answer Correct ? | 2 Yes | 1 No |
Answer / ranjitha
debtors a/c dr 5,000
discount a/c dr 5,00
cash a/c dr 4,500
to sales a/c 10,000
| Is This Answer Correct ? | 2 Yes | 1 No |
Answer / alok
cash a/c dr 4500
discount a/c dr 500
debtors a/c dr 5000
to sales a/c 10000
| Is This Answer Correct ? | 1 Yes | 0 No |
Answer / vinodhini
Manujnath is correct.
For every debit there should be a equal and opposite credit.
| Is This Answer Correct ? | 0 Yes | 0 No |
Answer / sudharshan.j
Account Receivabls a/c 5000
Cash A/c 4500
Discount A/c 500 dr
To Sales A/c 10000
| Is This Answer Correct ? | 0 Yes | 0 No |
Answer / shriram joshi
Hi All,
They asked only pass the journal entry.
how do you show cash in journal entry????????
| Is This Answer Correct ? | 0 Yes | 0 No |
Answer / jewel jeevan
Cash a/c dr. 4500
Sy.debtors a/c 5000
Discountallowed a/c500
Sales A/c 10000
| Is This Answer Correct ? | 0 Yes | 0 No |
Answer / srinivasa v
Debtors A/c Dr. 5000
Cash A/c Dr. 4500
Discount A/c Dr. 500
To Sales A/c 10000
| Is This Answer Correct ? | 0 Yes | 0 No |
Answer / manjunath
FOR SALES ENTRY.
CR SALES A/C 10000.00
DR PARTY A/C 10000.00
FOR RECEIPT GE.
CR PARTY A/C 5000.00
DR DISC ALLOWED A/C 500.00
DR CASH A/C 4500.00
| Is This Answer Correct ? | 4 Yes | 6 No |
Answer / rohan
cash a/c dr .4000
discount a/c dr 1000
debtors a/c dr. 5000
to sales a/c 10,000
| Is This Answer Correct ? | 2 Yes | 4 No |
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