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 / alok

cash a/c dr 4500
discount a/c dr 500
debtors a/c dr 5000
to sales a/c 10000

Is This Answer Correct ?    1 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

how to pass provision salary full and settlement(inclusive Bonus,Gratutity etc )please show me entry

4327


Who owns the general ledger?

1045


in what circumstances it is mandatory to calculate the goodwill.

1726


Can we Put "TAX INVOICE" in the sale in Transit (E1) Invoice.

2020


What are the 4 phases accounting?

1025


Contrast bookkeeping and accounting

1010


What can go wrong if you have a balance sheet with a lot of debt? What can go wrong if there is negative owner's equity? What does a good cash flow statement look like and why?

2486


what is a register when referring to accounting or bookkeeping?

971


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.

1724


how we can calculate sundry debtors and crditors a/c?show some examples

5445


Tell me how many types of business transactions are there in accounting?

1067


is there is mentioned that we can adjust excess debtors with creditor in the stock statement while calculating Drawing Power

1643


Can you tell me entry tax will be applicable on Spectacles purchase from u s a  

1888


is WCT aplicable on educational institutions also??????

1837


What is the use of form D in sale tax

2113