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How do you relate yourself with Accounts?
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PURCHASE AN OFFICE BUILDING FOR RS 1,50,000 IN CASH. THE BUILDING IS VALUED AT RS 1,10,000 AND REMINDER OF THE VALUE IS ASSIGNED TO LAND. WHAT WILL BE THE JOURNAL ENTRY
4 Answers Chartered Accountant,
In the General Ledger.. When putting discounts, you put discounts on the DR side for Creditors and Discounts on the CR for Debitors.. Which side does discount go on for the rest of the accounts such as Purchases, M Dog, L Shirt, and L Dress?
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Audit 
