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 / kannan

PURCHASE A/C DR
TO DISCOUNT RECEIVED A/C CR
TO SUPPLIER A/C CR

Is This Answer Correct ?    1 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

Tell me do you think accounting standards are mandatory and why?

1123


what role did you play in collections?

1162


Proprietor paid amount of Rs. 11060/- for car insurance. Pass Journal.

1433


What are the differences between contrast bookkeeping and accounting

1020


What is journalizing? What are the columns of a journal?

1138


Purchase order value Rs. 10000/- 0.7% is erection chareges (inclusive of the above price) central Excise applicable & Local sales tax applicable,The above price is inclusive of all taxes.

2172


saji become insolvant -what is journal entry

1760


what is profit maximisation

2034


what is difference among credit, loan, advance

1860


what is groups and and ledgers in tally can you give why we need to prepare them

2513


what are the extraordinary items?

997


why we multiply no. of purchasing year with average profit

1985


sir i want to know that where we taken entry of sals return in excise in manufecturing unit tell me .

2212


why accounting is important in business?

1098


AL+w button lanunches the .............. installed web brower

2079