Explain me where a cash discount should be recorded in journal entry?

Question Posted / ramgopal singh

No Answer is Posted For this Question
Be the First to Post Answer

More Accounting General Interview Questions

What is the Journal entry for advance given 1000 from petty cash and 800 spent to puchase keyboard and mouse . 200 returned.

What is the entry for provision?

please explain briefly about account receivables and payables

what is the entry to be made for vat when any purchase is made in that bill vat amount is included ?

What is purchasing order?

what is the difference between an A/C Payee cheque and a bearer cheque?

What is the difference between shares and debenture?

Please explain about Bad debts (Old & New) and Bad doutful debts?

What is budget variance analysis?

What is a cpa?

What's the accounting entry when an Invoice is created in AR?

what is depreciation ? and its entries ?

For more Accounting General Interview Questions Click Here