Interested to Buy Any Domain ? << Click Here >> for more details...
On goods purchases of Rs.2,00,000 got trade discount of
20,000 from supplier, and the amounts paid to supplier is
1,00,000 in cash and RS.1,00,000 in check on the same day,
what would be the general ledger entry ?
- 18 Answers
- 20313 Views
- Genpact, I also Faced
- E-Mail Answers
Answer Posted / sujit adak
Purchase A/C .........dr 200000
To cash .........................80000
To Bank..........................100000
To Discount received.............20000
| Is This Answer Correct ? | 33 Yes | 10 No |
Post New Answer View All Answers
in what circumstances it is mandatory to calculate the goodwill.
what is faviourable balance,and overdraf balance in Brs? Give me sms on this no. 9885789716
how to deduct tds on income from other sources with examples
Why you want to change???
A Lorry driver damaged shed shutter and we deduct 2000/- from his freight amount now what is the head for the Deducted amount?
sIR, DEAR SIR, WE ARE PREPARING EXPORT INVOICES AT THE TIME OF INVOICE PREPARATION WE MENTIONED EXCISE, EDN CESS AND SH EDN CESS AMOUNT ALSO IS IT CORRECT ARE NOT BUT I THINK WHEN MATERIAL SOLD EXPORT EXCEMPTION FROM EXCISE, EDN CESS AND SH EDN CESS WHICH EVER IS CORRECT. PLEASE CLARIFY MY DOUT. ADVANCE THANKING YOU,
what is difference between budgeting and Forecasting
Explain me what is assets minus liabilities?
Can a company deduct TDS & provide TDS certificate for a bill without actually making payment towards the same??
Can you send me advertisement format for lost of E-1 form. kindly do the needful urgently. Thanks AP
export sales contract and domestic sales contract? india's trade in commercial services?
Differentiate between consignor and consignee?
What do we mean by Redemption of shares and debentures?
explain me what steps would you take to increase revenue for this company?
give me examples of the accounting reports you have prepared
