what will be the journal entry-discount rs 2000 allowed to mr x.and discount received rs 2000 from mr x.actually i am confused that in the first entry both discount a/c and mr x a/c will be credited as per the accounting standards.please help experts.thanks

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what is the journal entry for gas connection taken by company for preparing tea and coffee.

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Journal Entry:- Till taking for the months Rs 10000.

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ram is withdrawn goods for personal use(sales price RS.600,Cost Price Rs.500) how to pass entry

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Explain how the following transactions would be recorded in a cash book with Cash and Bank columns? i) Deposit of cash into Bank ii) Withdrawal of money from Bank for office use iii) Deposit of cheques (received from others) into Bank iv) Dishonour of cheques deposited into Bank I need a detailed answer..thanks..

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Subsidiary ledger and the benefit of making it, explain?

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