If we give a discount to any customer on our invoice & issue
a credit note of discount than what will be the group of
discount in tally. please suggest me.
- 2 Answers
- 3255 Views
- I also Faced
- E-Mail Answers
Answer Posted / ramajayam
it is discount allowed we have entries passed on journal
Exp:-
by Discount allowed Dr xxx
to party Cr xxx
This actually we are giving to benefits to our debtors
| Is This Answer Correct ? | 2 Yes | 0 No |
Post New Answer View All Answers
Explain financial accounting. What are its characteristic features?
When Start Service Tax Deducted? How Many Percent is deduct? Service Tax deposited Date in Current 2011.
if we have provision for bad debts and RDD then on which amount we have to calculate RDD original or deducted?
purchase return liability or asset?should it be included in the balanced sheet?
How can I put Bank Guarantee Receipt entry in Tally ERP9?
what is the basic difference between pooling of interest method and purchase method in amalgamation
Definition of push down accounting
1.recivable and payble 2.pf,tds,esi
bookkeeping, and accountancy,purchase procedure , Educational institutions ;, secretarial practices, Administratire and Academic rules and regulations in Government offices, Academic institutional , computer skils. etc
Assume that the real risk-free rate is 3% and that inflation is expected to be 8% on year 1,5% in year 2,and 4% thereafter.Assume also that all Treasury bonds are highly liquid and free of default risk. If 2-year and 5-year Treasury bonds both yield 10%,calculate the difference in the maturity risk premium on the two bonds.
What does the abbreviation m mean in accounting?
How the Entry passed for Loss of Payment
What do you know about this position?
What is accounting & why it is used?
Mobile on Rupees 2000 purchase for office use not for staff....What entry in accounts..?????
