what is the journal entry for purchase bill discount
Answer Posted / ramesh
Purchases a/c Dr.
To Bill discount on purchases a/c
To Cash / bank a/c
| Is This Answer Correct ? | 1 Yes | 1 No |
Post New Answer View All Answers
Hello to every body ... Its not its not a interview question In accounting field can we make Money ?
what is waybill key number & how can it be issue?
DESCIBE EXPORT PROCEDURE
Questions asked for the post of Manager (Finance) in a Public Sector company Subject of group discussions for the post of Manager (Finance) in a Public Sector company
i am the student of icwai (intermidiate) What is the tds and how use the different state ..
What is meant for GR form, which is used in export of goods without of payment of duty ? For what purpose we use it ? Should merchandise exporter use it ?
Since minority interest is balance sheet item, and got brought foward figure, how to disclose brought forward figure in consolidation work sheet instead of we make adjustment on current year to show their share in subsidiary.
is indian bank or canara bank CBS brach?
how to make a project accounting in tally erp9 ?
explain Dual entry concept
can payorder be issued for outstation?if yes then how?should it be account payee?
why are you selecting for the profitbulity analysis costing based& active based
In Oracle Applications will Translation will create any journal entry then what is the journal entry what are the accounts affected
If i have a company in India doing purchase from Shrilanka, If i buy in Shrilankan local currency and make the payments in Indian Currency At the end of year how shall i settle the difference Exchange money in Books of Accounts.
An applicant paid excess amount to the Government Office through a demand draft for a particular permission/license instead of actual fees. Later he went to government office and requested to return the previously submitted demand draft. Can he get back the Previously submitted demand draft(which was not adjusted into government account) duly paying he actual fee?