purchase of Rs 1000 were rejected and returned,however vendor
returned Rs 800 and balance Rs 200 is charged to sundry exp
A/c
- 3 Answers
- 4098 Views
- I also Faced
- E-Mail Answers
Answer Posted / mahendra
Purchase return a/c Dr. 800
Sundry Exp. Dr. 200
TO Purchase 1000
| Is This Answer Correct ? | 1 Yes | 1 No |
Post New Answer View All Answers
We have purchased some good from our vendor and we asked them to transport the same to some address but they have raised a debit note to us for transportation instead of invoice. Same like we have given some order to manufacture for developing that product they have charged some amount for that also they have raised the debit note. How to account these type of debit notes in tally..?
What is Bank Reconciliation Statement? How to calliculate in tally erp9.0?
how many times we can deposit the old currency in one a/c in the bank
Cheque rs 1400 received from Charles in settlement of a debit of rs 1500 returned dishonored
As you know excellent communication skills are at the core of this position. Do you have experience with interpersonal communication in a professional setting?
What is an ea in accounting?
Private purchases amounting to rs 5000 have been debited to purchases account
What is recording damage inventory in books of account?
Explain the term account payable?
What is the depreciation rates for all the assets?like plant & Machinery,computers,software,land & buildings
Explain me have you ever heard about tds, what it is?
Tell me what are the three factors that can affect your cash flow and business profitability?
what is retention? how caculate on asset
Follow up ageing balances of Debtors & Creditors and also Inventory
Dillution effect on EPS
