Please tell me entry for following bill.
Goods 500
Disc- 10% 50
----------------
Bill Amt 450
Answer Posted / santu
goods a/c__________________________ cr 500/-
to cash a/c____________________ dr 450/-
to dis a/c____________________ dr 50/-
__________________________________________________________
500/- 500/-
___________________________________________________________
| Is This Answer Correct ? | 3 Yes | 1 No |
Post New Answer View All Answers
Mention whether the account "cash" will be credited or debited when a company pays a bill?
A Lorry driver damaged shed shutter and we deduct 2000/- from his freight amount now what is the head for the Deducted amount?
hi m freshe working as a account assistance. i want know about accounts, what is balance sheet, profit & loss a/c, trail balance? why these are require to company? how can i know about full account work in tally? what should i do everyday? how to finalisation calculting? kindly explain please..
What is the distinction between cost accounting and management accounting?
what is different between leaser of subsidary book and journal?
Where should tds received should show in balance sheet?
DIFFERNCE BETWEEN RESERVE AND FUND?
Tell me which accounting application you prefer most and why?
What does the abbreviation m mean in accounting?
sir i want to know that where we taken entry of sals return in excise in manufecturing unit tell me .
Hi All, Can any body Explain the End to End Flow of Product Costing in SAP with Integration Point and Journal Entries Involved in the Flow ?
What would greater impact a firms valuation, a 10% reduction in revenues or 1% reduction in discount rate?
Explain what is involved in the process of double-entry accounting?
In which ways is math used in accounting
What is accounting & why it is used?