Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...

what will be the entry for credit purchases with discount

Answer Posted / shaheed

purchase a/c Dr
To creditor a/c
To discount received a/c

Is This Answer Correct ?    3 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

During execution of Works Contract,If Contractee(Customer) supply goods to contractor, then it should be shown in Invoice as deduction or no need to show in Invoice.

1678


a.what products does your firm produce? b.what costs are asssigned to the product produced? c.for particular product,what direct materials are used? d.what percentage of total manufactoring costs is direct labor? direct materials?overhead? e.how is overhead assigned to the products? f.do you now use or plane to use an activity_based management system?why or why not?

2369


how can we get a leaverage in intraday market if are not a professional acount holder?

2171


If a prospective client kept presenting you with excuses not to buy, what would you do?

1165


What are negative postings?What are Credit memos ?Payment Requests ?

2166


What are depreciation and amortization?

1129


What is diffrence Between GPF and EPF?.. can anybody explain..?

2093


Tell me entries to revenues accounts such as service revenues are usually?

3774


i am trying to set up a recurring reversing journal in Oracle GL, my problem is i have income balance of £30k that i only want to show 1/12th in a period over 12 months. can any one help me set it up . i want to show P01-13 opening balance £30k less £27500 P02-13 reverse P01-13 journal P02-13 opening balance £30k less £25000 etc. or does anyone know of another way it can be done automatically every month.

2269


Tell About ur self what will i say plz help me

2482


How to calculate ESI Please define what include in basic salary and what should be excluded from basic salary

1686


how to enter the tender refund amount in tally ?

3889


how many times we can deposit the old currency in one a/c in the bank

2192


How to pass workscontract sale invoice which includes WCT & VAT.

2231


what is a grn in terms of accounting ? what is a grnthroughpo in terms of purchase order? what is a direct grn?

4325