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
- 19670 Views
- Genpact, I also Faced
- E-Mail Answers
Answer Posted / bhavani
Purchases A/c Dr 2,00,000.00
To Cash A/c 80,000.00
To Discount A/c 20,000.00
To Bank A/c 1,00,000.00
| Is This Answer Correct ? | 9 Yes | 9 No |
Post New Answer View All Answers
If the company acquires equipment prior to incorporation what are the accounting entries?
What is your role in planning?
Dear Sir, Tomorrow i am going for interview at TCS-Mumbai.Please let me know what kind of question are going to be asked.
consultancy charges receivable Rs 30000 from abc & co. tds receivable 3000
bank releted question interviw plz tel me
Tell me what is the master account?
How to group the companies in tally?
What is fiduciary accounting?
in tally software payroll vouchers option is there for what purpose it is used ? please tell me friends.
What is the provision?
As you know account executives need to be talented salespeople. Do you have experience making sales?
how do made in finalization
what is the due date of 28th feb
What is the disadvantage of double entry system?
iv, A non -performing asset is A, Money at call and short notices b, An asset that ceases to generate income c, cash balance in till d, none of the above
