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...

Sale of Rs.10000, where in 50% is on credit and there 10%
discount on the immediete payment. Pass a journal entry for
this

Answer Posted / iyyanar

cash a/c dr. Rs. 4500
discount allowed a/c Rs. 500
Creditors a/c Rs. 5000

To Sales A/c Rs.10000

Is This Answer Correct ?    0 Yes 3 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

How will service tax & excise be charged?

1002


Sold goods to Gasha 600 by cash

1325


What are premises in accounting sense? What is vat adjustment?

1026


In accounting equation what is the treatment of investment in shares??

1461


why we multiply no. of purchasing year with average profit

1941


what is turn over? what is vat? what should ido to become a expert in acount? plese ans me

2177


What is corporate assesses?

2391


bank jobs

2068


how to calculate the rate of hard ,soft and very very hard rock rate of cubic meter

1537


What is the double entry system explain its rules with examples?

1062


what is the journal entry for gas connection taken by company for preparing tea and coffee.

2261


If a transaction was missed completly how do you find it?

2036


How to pass the entry in tally for demolished of building?

2591


Tell me the types of accounts involved in double entry book-keeping?

1052


Tell me how much statistics knowledge is necessary or required in accounting?

3935