Interested to Buy Any Domain ? << Click Here >> for more details...
1) XYZ Ltd bought goods for Rs.200000 from ABC Ltd. The co
gave 10% discount. give journal entries in the books of ABC
Ltd and XYZ Ltd.
2) Goods bought for Rs.400000. While transporting goods
destroyed. Insurance co agreed to pay 75%. post journal
entries.
- 6 Answers
- 17756 Views
- I also Faced
- E-Mail Answers
Answer Posted / ravi ranjan
In the Books of ABC LTD.
XYZ A/c-------DR 180000
Discount A/c--DR 20000
To Sales A/C 200000
(Being goods sold@10 discount)
In the Books of XYZ LTD
Purchase A/C------DR 200000
TO disount 20000
To ABC A/C 180000
| Is This Answer Correct ? | 1 Yes | 0 No |
Post New Answer View All Answers
What is the important of computerized accounting to manual?
bank jobs
What are the disadvantages of manual accounting?
What is Capital Commitments means?
how to prost entry for purchases with a bill
Cash Processing
I have passed in SBI clerical exam 2009 , pls tell me what question will be asked for interview .pls mail it on my email id sawant.supriya51@gmail.com
Key difference between indian accounting standards and international accounting standards is.
Tell me what is the difference between accumulated depreciation and depreciation expense?
1.recivable and payble 2.pf,tds,esi
Hi sir, Our appointed one agent for sales promotion activities. This agent doing the job "canvas of our product". My quires 1)it is eligible for service tax and how to accounted. 2) this transaction is direct expenses or direct expenses? Pl suggest me
what's the mean by Imprest system? Please give me Replay on this no. 9885789716
what is t code of journal voucher report with amount?
why you want to lecturer
Do you know partitioning in accounting?
