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...

what will be the entry for credit purchases with discount

Answer Posted / shaheed

purchase a/c Dr
To creditor a/c
To discount received a/c

Is This Answer Correct ?    3 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

Do you know partitioning in accounting?

1039


A company purchase goods Rs.2000/- & input vat received rs.100/- but at the time he sold goods 1000/- as a sales & 1000/- as a sock transfer. plz tell me how much take input claim in this case.

2133


What are its characteristic features of financial accounting?

1156


What is the Corporate Tax, Minimum Alternate Tax, Professional Tax, Business Tax Describe Me

2267


Can you name different branches of accounting?

956


What is icai?

1133


what is the process of cenvat credit taken in service tax( in direct & indirect service)

3376


How do you add/remove a payment block for particular invoice ?

2136


What is meant by partitioning?

1144


How to prepare finalization accounts?

1246


can we change date in tally.erp s/w in educational mode ?

1560


Hai i have completed MBA in HR(major) And Marketing (minor). Now applying FInance if it possible please tell me

1632


What is use of statistics in accounting?

1021


pls let me know double entry of 'LEASING"

2031


What Is Differ tax,

2050