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...

4) What is Journal Entry of 1) Credit Sales.

2) Credit sales
with Discount.

3) Credit sales
with VAT.

4) Outstanding
Rent paid.

5) Credit Purchase.

6) Out
standing wages paid.

7) Bank over draft

8) bank charges

9) Dishonor check

Answer Posted / b.narasimha rao

CUSTOMR OR DEBITER A/C DR
TO SALES A/C

CUSTOMR OR DEBITER A/C DR
DISCOUNT ON SALES A/C DR
TO SALES A/C

CUSTOMER OR DEBTER A/C DR
TO SALES A/C
TO VAT A/C

RENT A/C DR
TO OUSTSTANDING RENT A/C
PURCHASE A/C DR
TO CREDITER A/C
WAGES A/C DR
TO OUTSTANDING WAGESPAID A/C

BANK A/C DR
TO BANK OVER DRAGT A/C

Is This Answer Correct ?    156 Yes 23 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

what is pre settlements and post settlements in Derivatives?

2146


What is back value adjustment/correction in Nostro Reconciliations?

7697


WHAT IS B.E.P. CHART

2423


EXPAND___________LNG

1988


wages posted twice what is the entry for that?

2348


What is mean by Reserve on Consolidation?

28144


We did promotion activity for X co that co is our client ( S Dr) which we sold tickets through our vendor through out north india ... But those vendors adjusted cash with thir bill and remaining balance we received ,, Ticket amount we paid from our co Bank A/c to our client (S Dr) .the amount is too huge so how can i sort out this in books of acconts ..............

1964


What is Goods Lost by Fire/Accident/Theft ?

1752


Why does one need a broker?

2374


What is Going Concern, What is Dual Entry , What is Business entity and what are the names of Stock exchanges and currency of some countries, stock market related questions, Exchange rates, Banks and other informations

2017


If i want to establish a company in which i want to manifacture and sell the Wine. So how many permissions i have to taken and who will issue those?

2228


What is the difference between horizontal balence sheet & vertical balence sheet explain in detail.

2286


what do Loan Loss Coverage Ratio mens describe it with examples?

2233


Tell me about how you have left a position better than you found it

2003


it is better to invest in which securities short term/long term or both? please reason4 the same

2002