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what is the journal entry for purchase bill discount

Answers were Sorted based on User's Feedback



what is the journal entry for purchase bill discount..

Answer / ramesh

Purchases a/c Dr.
To Bill discount on purchases a/c
To Cash / bank a/c

Is This Answer Correct ?    1 Yes 1 No

what is the journal entry for purchase bill discount..

Answer / varma

purchases a/c dr
to cash a/c
to discount recived a/c

Is This Answer Correct ?    0 Yes 0 No

what is the journal entry for purchase bill discount..

Answer / rajesh kumar

purchase A/c dr
to bill discount

Is This Answer Correct ?    0 Yes 1 No

what is the journal entry for purchase bill discount..

Answer / amit singh

purchase a/c dr
to bill discount

Is This Answer Correct ?    0 Yes 2 No

what is the journal entry for purchase bill discount..

Answer / gangadharan

discount on purchase a/c dr

Purchase a/c Cr

Is This Answer Correct ?    33 Yes 41 No

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