Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...

what is the journal entry for purchase bill discount

Answer Posted / rajesh

Below is few Journal Entries for Purchase Bill
discount .there are 2 types of entry can make

1) DR XXX ( Party name )
CR Discount Recd

2) Dr XXX ( Party Name )
Cr Purchase A/c

Is This Answer Correct ?    27 Yes 10 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

Do you need an income statement if you do part time contract work at home?

2183


what is cnc machine hour rate? how it is calculated?

5109


Office cash was stolen? state whether the following transcation is business transcation or non business transcation?

1987


What Are The Characteristics Of Modern Accounting?

4689


About Funding Working Capital to a Company? A company Turn over is 12 Cr, but in the bank statement credits per month is more that 3 Cr? how this could happen? awaiting your views?

2046


Expand-------ANTS

2036


Which document should be attached with purchse & sales invoice?

1928


What is the GDP growth?

2091


Can anyone plz. tell me where can i get the proforma application for DAO.I have tried all the links but i couldn't find any application proforma in the notifications.

1910


Expand----------MTSC

2191


explain the financialand economic meaning of investment?

2197


company's total overhead expense is containing which are the expenses? Definition of overhead expense.

2047


What is the meaning of Receipt & Payment, Income & Expenditure, Profit & Loss A/c? Under What cercumstances these are prepared?

2593


how an accountant can do budgetery controls of expenses?

2151


Indian Iran Gas pipeline

2128