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what is the journal entry for purchase bill discount
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Answer / ramesh
Purchases a/c Dr.
To Bill discount on purchases a/c
To Cash / bank a/c
| Is This Answer Correct ? | 1 Yes | 1 No |
Answer / varma
purchases a/c dr
to cash a/c
to discount recived a/c
| Is This Answer Correct ? | 0 Yes | 0 No |
Answer / gangadharan
discount on purchase a/c dr
Purchase a/c Cr
| Is This Answer Correct ? | 33 Yes | 41 No |
Vehicle repairs were made on the insured vehicle Rs 25000/- on 20-1-2009. Insurance claim for Rs23000/- was received on 1-2-2009. Pass entries for both the occassions
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