Sale of Rs.10000, where in 50% is on credit and there 10% discount on the imme

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Sale of Rs.10000, where in 50% is on credit and there 10%
discount on the immediete payment. Pass a journal entry for
this

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26 Answers
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Sale of Rs.10000, where in 50% is on credit and there 10% discount on the immediete payment. Pass ..

Answer / 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

Sale of Rs.10000, where in 50% is on credit and there 10% discount on the immediete payment. Pass ..

Answer / ranjitha

debtors a/c dr 5,000
discount a/c dr 5,00
cash a/c dr 4,500
to sales a/c 10,000

Is This Answer Correct ?

2 Yes

1 No

Sale of Rs.10000, where in 50% is on credit and there 10% discount on the immediete payment. Pass ..

Answer / alok

cash a/c dr 4500
discount a/c dr 500
debtors a/c dr 5000
to sales a/c 10000

Is This Answer Correct ?

1 Yes

0 No

Sale of Rs.10000, where in 50% is on credit and there 10% discount on the immediete payment. Pass ..

Answer / vinodhini

Manujnath is correct.

For every debit there should be a equal and opposite credit.

Is This Answer Correct ?

0 Yes

0 No

Sale of Rs.10000, where in 50% is on credit and there 10% discount on the immediete payment. Pass ..

Answer / sudharshan.j

Account Receivabls a/c 5000
Cash A/c 4500
Discount A/c 500 dr

To Sales A/c 10000

Is This Answer Correct ?

0 Yes

0 No

Sale of Rs.10000, where in 50% is on credit and there 10% discount on the immediete payment. Pass ..

Answer / shriram joshi

Hi All,
They asked only pass the journal entry.
how do you show cash in journal entry????????

Is This Answer Correct ?

0 Yes

0 No

Sale of Rs.10000, where in 50% is on credit and there 10% discount on the immediete payment. Pass ..

Answer / jewel jeevan

Cash a/c dr. 4500
Sy.debtors a/c 5000
Discountallowed a/c500

Sales A/c 10000

Is This Answer Correct ?

0 Yes

0 No

Sale of Rs.10000, where in 50% is on credit and there 10% discount on the immediete payment. Pass ..

Answer / srinivasa v

Debtors A/c Dr. 5000
Cash A/c Dr. 4500
Discount A/c Dr. 500
To Sales A/c 10000

Is This Answer Correct ?

0 Yes

0 No

Sale of Rs.10000, where in 50% is on credit and there 10% discount on the immediete payment. Pass ..

Answer / manjunath

FOR SALES ENTRY.

CR SALES A/C 10000.00
DR PARTY A/C 10000.00

FOR RECEIPT GE.

CR PARTY A/C 5000.00
DR DISC ALLOWED A/C 500.00
DR CASH A/C 4500.00

Is This Answer Correct ?

4 Yes

6 No

Sale of Rs.10000, where in 50% is on credit and there 10% discount on the immediete payment. Pass ..

Answer / rohan

cash a/c dr .4000
discount a/c dr 1000
debtors a/c dr. 5000
to sales a/c 10,000

Is This Answer Correct ?

2 Yes

4 No

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