Where a cash discount should be recorded in a journal entry?

0 Answers  

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"A" has two divisions of "B" and "c".In our system we have two vendor accounts of B&C.We have received one Non PO invoice of B and posted wrongly in C and its got paid.While reconciling the account we got this error is happend.We contacted the C and asked for refund.But C said,he transfer internally the amount directly to B and he will not refund the amount.How we will settle this entry in our books. If we reverse the entry...there is one invoice needs to be reverse and payment doc needs to be reverse..how we can settle this in our books...

0 Answers  

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A business sold goods valued at R1000 excluding vat on credit to a customer. What would be the debit to the customers account if vat is 14% ?

1 Answers  

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wat is accounting entity

1 Answers   Capital IQ,

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i wana give an interview as sr. excise officer what r the question will asked by interviewer ??? Please suggest me so I can clear inteview.thank u

0 Answers  

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What is a Payment Format

0 Answers   Accenture, Genpact,

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What is accrued expenses .and what is differance between accrued Expenses & Accrued Income?

3 Answers   HCL, HP,

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What is RETURN OF ROC

5 Answers  

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OUR COMPANY IS ENGGAGED IN CONSTRUCTION ACTIVITY .WE ARE GOING TO PURCHASE EXACAVATOR MACHINE FROM THE INTERSTATE.WHETHER THE ABOVE PURCHASE COVERED BY ISSUING THE C FORM.

0 Answers   ACC,

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hii.. i m anura i need 30,000 urgently can i get 30,000 rps..i m doing job of accounting

0 Answers  

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Give ONE reason for Balance Sheet to be out of balance

0 Answers  

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what is entry for salary paid in advance ?

31 Answers   Capital IQ,

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