if goods purchased from x company for rs1000 in credit,out
of that 10% given discount for us what is the entry in
tally?
Answers were Sorted based on User's Feedback
Answer / satish(sasa)
actually general entry is
purchase a\c-dr,
to,discount receiveda\c,
to,party name a\c.
note-but in tally.erp this entry not coming its simply
adding in purchase a\c.so we have to do please reply me
Is This Answer Correct ? | 19 Yes | 4 No |
Answer / nagachandra pattar
1)Purchase A/c Dr 1000
To X Co A/c 1000
(In F9 Purchase Voucher)
2)X Co A/c Dr 100
To Discount Recd A/c 100
(In F7 Journal Voucher)
Is This Answer Correct ? | 8 Yes | 2 No |
Answer / mahesh
cash sales cr 1000
x company dr 900
discount allowed dr 100
narration:towards sale of rice bag.
Is This Answer Correct ? | 1 Yes | 0 No |
Answer / taruna
Purchases A/c..... Dr. 1000
To Discount received 100
To X A/c 900
Reason:- Actual purchase is for 1000/-
Discount recd. is our income (cr. all Income & gains)
Now Company have to pay only Rs. 900/-
Is This Answer Correct ? | 0 Yes | 0 No |
Answer / pradip
purchase A/C ..... Dr 900
Discount receive A/C .. Dr 100
to X company A/C 1000
Is This Answer Correct ? | 4 Yes | 8 No |
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