what is the difference between cash discount and trade
discount.
what is the journal entry for purchase of 100000 giving
(a) 5% trade discount
(b) 5% cash discount.
Answer Posted / rajeev roy
Purchase A/C DR. RS. 95,000.00
T0 Discount A/C Rs. 4750.00
T0 Bank A\C/Cash A/c Rs. 90250.00
Is This Answer Correct ? | 2 Yes | 0 No |
Post New Answer View All Answers
Explain the importance of evaluating an internal audit department?
i read in andhra bank recruitmentin that i saw english languages marks are eligible what is that eligible mark
Who will audit an auditing firm?
Whether interstate purchase of High speed diesel by mines at concessional rate is allowable ?
What is vouching?
What are objectives of internal audit?
What sort of image do you have?
What are the essential of internal audit?
HOW TO DO LEDGER SCRUTINY?
hi friend i have selected in ssc cgle as accountant in audit department. can anyone tell about the work of accountant in audit department?
How to reconcile GST Tally and GST Portal ?
Explain what are the different functions of internal audit?
what audit procedure i can do in the share capital account of a company and why it have been apply?
What is caro 2004?
Why do you want to work in audit?