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
What is the provision?
What does the standard journal entry includes?
What do u mean by press releases
What are the 4 phases accounting?
Hi.. I am pursuing my MBA II year thrgh distance frm O.U HYD., Pls let me know any jobs...in Bank jobssssss
Define retail banking?
What is peach tree accounting?
Q1©. Gratuity of Rs. 1,20,000 is received in August, 2007 by Mr. M, a legal heir of Mr. R aged 45 years who died on June 28, 2007. Is it taxable?
dear i want basic a\C's oriented question. these are asking in mostly all mnc companies
What are the fictitious assets?
record the following transaction in the various books of accounts F Black loan us $5000 paid by cheque.
Tell me the meaning of long-term notes payable is or long term liabilities?
HELLO FRIENDS I WANTED TO THAT IS DUPLICATE KEY MAKING CHARGE IS UNDER THE HEAD OF GENERAL EXPENSES
why you want to lecturer
What is mean by working capital?