Sale of Rs.10000, where in 50% is on credit and there 10%
discount on the immediete payment. Pass a journal entry for
this
Answer Posted / 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 |
Post New Answer View All Answers
WHAT IS MIS REPORT IN ACCOUNTS ? WHAT IS ITS USE IN ACCOUNTS & GIVE WITH AN EXAMPLE ?
What are the rules for debit and credit for different accounts to increase the amount in your business accounts?
By saying, perpetual or periodic inventory system; what do we mean?
Why did you choose the a-levels you did?
which type of questions did HR Manager ask and what are the answers
What is an ea in accounting?
Hey can any body tell me..What are negative assets?
Discuss the consistency concept in accounting
Accounting Questions
what is journal entries for Vehicle loan settled with bank after Sale of the vehicle on profit or loss in case the party paid check direct to Bank .......???
simply define shares and debentures
what is t code of gr/ir report?
hi to all.... what is the treatment for Work-In-Progress in Tally...please answer for it as early as possible... thanks & regards
What is invoice processing can u explain it?
Explain how you can adjust entries into account?