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what will be the entry for credit purchases with discount
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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 |
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A and V enter into a joint venture to sell a consignment of biscuits sharing profits and losses equally. A provides biscuits from stock Rs 10000. He pays expenses amounting to Rs 1000. V incurs further expenses on carriage Rs 1000. He receives cash for sales Rs 15000. He also takes over goods to the value of Rs 2000. The profit on joint venture is 7 (a) Rs.3000 (b) Rs.5000 (c) Rs.6000 (d) Rs.3500
hi i want to run vendor debit memo after he paid all amount i want to give discount through miro i am giving the price and quantity and run in through miro the system will pass another two more line iteams extra and shwoing dr/cr balance +/- when i will increase the amount this is also increasing what is the reason i dont know please send me immediately
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