Sale of Rs.10000, where in 50% is on credit and there 10%
discount on the immediete payment. Pass a journal entry for
this
- 26 Answers
- 27474 Views
- Accenture, I also Faced
- E-Mail Answers
Answer Posted / shyam
cash a/c 4500
discount 500
sundry creditors a/c 5000
to sales ac 10000
| Is This Answer Correct ? | 4 Yes | 13 No |
Post New Answer View All Answers
what is the journal entry for gas connection taken by company for preparing tea and coffee.
Is it mandatory for the employees staff of a School, if so give details
What is mean by Asset area?
Tell me what are the three factors that can affect your cash flow and business profitability?
Plz Ask from me New Accounting Questions.
how to create salary and pf statement in excel sheet?
You are a B.E Student? How can u manage Banking?
What are mis reports and how do you prepare it?
Regarding vat return,I have 3 units can i return at a time for 3 units vat return only one vat form. Kindly suggetion the same how to do.
Is push down accounting accepted under generally accepted accounting standards?
in our co we are sales of good to branch in order sales+fright, branch made jv entry in own book as full amount debit and credit. now our book show sales without freight but branch shows including freight that why differences is arise due to wrong entry passes pls clarify this entry and this entry is done last year book now balance is finalize.
Is it possible to change the accounting period under Indian GAAP from 1/Apr-31March to 1/January-31/December? There is any restriction in doing that, i mean for example for fisal purposes? Thank you all!
paid vendor to RS 15000 and incentives of RS.5000 and deducted Rs.3000 as penalty so finally paid to vendor is Rs.17000. please let me know the journal entry for this.
what are the processes of account reconcillation
What are the purposes of maintaining control ledgers?
