What is the entry for Discount Received? & What is the
entry for discount paid?
Answer Posted / prasanna.j.s
Sundry Crs 1000
To cash / bank 900
To discount recd. 100
| Is This Answer Correct ? | 8 Yes | 3 No |
Post New Answer View All Answers
what is accounting cycle ?
Tell me what is working capital?
What is an ea in accounting?
Financial Accounting
What GP resew of balance sheet taking.
describe any accounting process that you have developed or revised
what is service tax & excise? How will it be charged?
What would greater impact a firms valuation, a 10% reduction in revenues or 1% reduction in discount rate?
How to calculate Gratuity & when it's applicable to employee after three years or Five years?...
salary payable deduct tds entry
Did you use accounting applications at your previous companies or prefer working manually??
Explain what is ledger?
Where do generally accruals appear on the balance sheet?
What is Normal Loss? and What is the reason for Debiting such Loss in P&L account and also Crediting in Trading Account? and how the Loss should be accounted?
can we change date in tally.erp s/w in educational mode ?