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 / vikram singh

Dr Party a/c Rs. 5000
Dr Cash a/c Rs. 4500
Dr Discount a/c Rs. 500

Cr Sales a/c Rs. 10000

Is This Answer Correct ?    2 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

what is the last date of deposit TDS on liability for the assessment year 2010-11

2089


A non-function currency claim:- Employee while updating a non functional currency claim the system uses the period end rate i.e. any claim pertaining to the period 01Aug - 25th Aug. the system uses the period end rate as of July 31st. (2) Also, what is the basis of using the period end rate not the average rate for expenses claim. Can you please clarify my question.

2053


What is the difference of cost accounting and financial accounting?

1048


My company sent this party goods 62750 this goods is loss sundorbhan paribahan. how to create voucher

2206


WHAT IS THE LAST DATE OF HOUSE TAX SUBMITED , AND WHAT IS THE RATE OF HOUSE TAX ?WE PAID HOUSE TAX MCD OR ANY OTHER. PLEASE TELL ME.

2354


Tell me which accounting application you prefer most and why?

1022


What are the features of financial accounting?

2208


What is the important of computerized accounting to manual?

1189


what is apply SI post

2179


What is the importance of accounting standards?

1285


What are the basic assumptions in accounting?

1172


are tpt, freight & packing charges part of sales & purchase ??

2194


Do you know what is liabilities and what all does include in current liabilities?

1084


A company purchase goods Rs.2000/- & input vat received rs.100/- but at the time he sold goods 1000/- as a sales & 1000/- as a sock transfer. plz tell me how much take input claim in this case.

2247


Explain things that fall under intangible asset?

1123