Interested to Buy Any Domain ? << Click Here >> for more details...
what will be the entry for credit purchases with discount
- 18 Answers
- 21408 Views
- Genpact, I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / vaishali
Purchase Account A/c Dr.
To Vendor
To Discount
| Is This Answer Correct ? | 67 Yes | 2 No |
Answer / pradeep
purchase a/c dr 50000
To suppliar a/c 45000
To discount a/c 5000
| Is This Answer Correct ? | 18 Yes | 3 No |
Answer / arif zaki imam
Purchase A/c........Dr.
To Party A/c
To Discount Recieve A/c
| Is This Answer Correct ? | 13 Yes | 1 No |
Answer / syed rahman
Purchase account Dr.
To Creditor Account
To Discount Account
| Is This Answer Correct ? | 14 Yes | 5 No |
Answer / pankaj kr. jangir
PURCHASE A/C DR.
TO SUPPLIER A/C CR.
TO DISCOUNT A/C CR.
| Is This Answer Correct ? | 10 Yes | 1 No |
Answer / shiv koul
Purchase A/c------Dr.
To Discount Received A/c
To Sundry Creditors A/c
| Is This Answer Correct ? | 9 Yes | 0 No |
Answer / ashish
Purchase A/c------Dr.
To Discount Received A/c
To Sundry Creditors A/c
| Is This Answer Correct ? | 8 Yes | 1 No |
Answer / chandu
purchase A/c...........dr
To vendors A/c
To Discount A/c
| Is This Answer Correct ? | 7 Yes | 0 No |
Answer / gouthami
purchases a/c -----------dr ****
To suppliers a/c ****
narration:Being credit purchases
2.when amount is being paid
suppliers a/c----------dr ****
To cash a/c ****
To discout received a/c ****
narration: Being the amount paid to suppliers.
| Is This Answer Correct ? | 8 Yes | 2 No |
Answer / shaheed
purchase a/c Dr
To creditor a/c
To discount received a/c
| Is This Answer Correct ? | 3 Yes | 0 No |
What are the advantages of double entry system?
if salary is paid what will be entry? If it is given on advance? If it is paid on delay
WHAT ARE THE LIMITATIONS FACING ACCOUNT CONCEPTS AND CONVENTIONS?
want to know the questions and answers frequently asking in banks at the time of interview for any cadre
What is the full form of RTS in banking ?
3 Answers eMpulse, Patanjali Ayurved, TCS,
Can we pay bonus to employees out of Reserves?
Can pls tell me difference between simple cash book & accrued cash book?
What is differed revenue expendature?
how to prepare balance sheet pls tell me?
Were i have to enter for agreements in tally and in which ledger it will come
What is BRS? Why BRS?
what is the meaning of ratio? Types of ratios?
Audit 
