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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

Answers were Sorted based on User's Feedback



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

Answer / umesh

SUNDRY CREDITORS 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 2 No

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

Answer / iyyanar

cash a/c dr. Rs. 4500
discount allowed a/c Rs. 500
Creditors a/c Rs. 5000

To Sales A/c Rs.10000

Is This Answer Correct ?    0 Yes 3 No

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

Answer / shyam

cash a/c 4500
discount 500
sundry creditors a/c 5000

to sales ac 10000

Is This Answer Correct ?    4 Yes 13 No

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

Answer / sanjaykumar

cash a\c 4500
goods a\c 5000
to discount a\c 500
to sales a\c 9500

Is This Answer Correct ?    2 Yes 25 No

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

Answer / syed haseeb

cash a/c 4500
discount a/c 500

goods a/c 5000

to sale a/c 9500

Is This Answer Correct ?    9 Yes 34 No

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

Answer / dharshini

cash a\c 4500
goods a\c 5000
to discount a\c 500
to sales a\c 9500

Is This Answer Correct ?    13 Yes 45 No

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