Interested to Buy Any Domain ? << Click Here >> for more details...
if goods purchased from x company for rs1000 in credit,out
of that 10% given discount for us what is the entry in
tally?
- 8 Answers
- 9961 Views
- Genpact, I also Faced
- E-Mail Answers
Answer Posted / nagachandra pattar
1)Purchase A/c Dr 1000
To X Co A/c 1000
(In F9 Purchase Voucher)
2)X Co A/c Dr 100
To Discount Recd A/c 100
(In F7 Journal Voucher)
| Is This Answer Correct ? | 8 Yes | 2 No |
Post New Answer View All Answers
Do you know partitioning in accounting?
how to pass this entry in tally? Dear Sir, I have just started learning tally . I am practicing tally. and I am following 11th Std book for practicing. Please help me with the following entry. I know dr and cr part but having problem in grouping. Please Help. Introduced goods of Rs 10,000, cash Rs 15,000, furniture Rs 5000, debtors of Rs 1000 and commenced business. What will be the entry and group for each ledger. Please Help.
WRITE ABOUT ANY 1 "WOMENS ARE BEST MANAGEMENT PERSON" "IF UR FINANCE MINISTER OF INDIA" "V R RESPONSIBLE FOR OUR ENVIRONMENT"
Tell me what happens to company's “cash account” if it borrows money from the bank by signing a note payable?
what is core accounting?
while preparing insolvency account deficiency account is wich account? why we do not prepare it with general rules?
what is a state cheque? how it differes from stale cheque?
Do you know how many types of business transactions are there in accounting?
What is the master account?
What is fitting and fixtures?
Explain me some of the examples for liability accounts?
what do you mean byrecoupment of shortworkings in royalty accounts
what is different between leaser of subsidary book and journal?
What is difference vat
a cheque is received from a debtor and is deposited in the bank on the same day. what will be the journal entry?
