what will be the entry for credit purchases with discount
Answer Posted / chandu
purchase A/c...........dr
To vendors A/c
To Discount A/c
| Is This Answer Correct ? | 7 Yes | 0 No |
Post New Answer View All Answers
my company taken a hdfc car loan rs.355493/= but bank received only 347345/= .after received the amount company purchase the car. after that regular emi paid to hdfc bank.
explain circumstances under which dissolution of solvent and insolvent partners are applicable using garners v/s murray rule
Tell me do you possess any knowledge about accounting standards?
how many invoice types are there in accounting and what is the satutary obligations for each invoices and waht are the basic differences in those invoices.
At the time of death of a partner, firm gets ________ from the insurance company against the Joint Life Policy taken jointly for all the partners. (a) Policy Amount. (b) Surrender Value. (c) Policy Value for the dead partner and Surrender Value for the rest. (d) Surrender Value for all the partners.
what is the meaning of 4X and 10X value in intraday market?
TDS %AGE ON CALLIBRATION CHARGES BILL
What is the use of accounting?
give 3 reasons why capital is referred to as a special liability
As you know account executives need to be talented salespeople. Do you have experience making sales?
how to pass entry in tally Rs 50000 cheque paid to son by father
What is capital adequacy ratio? What is demat account?
WHEN WILL SBI DECLARE THE RESULTS OF INTERVIEWS OF CLERICAL CADRE HELD IN APRIL-MAY 2010?
Differentiate between consignor and consignee?
What is the entry to be passed on receiving the tds certificate in the books of the deductee?