sold merchandise at rs 11,000 price and received in cash 9,000
what will be the journal entry
Answer Posted / vijay
CASH A/C DR.9000
DEBTOR A/C DR.2000
TO SALES A/C. 11000
(WHEN SALES MADE)
BAD DEBTS A/C DR 2000
TO DEBTORS A/C. 2000
(BEING AMOUNT NOT RECEIVABLE)
| Is This Answer Correct ? | 0 Yes | 0 No |
Post New Answer View All Answers
What is the meaning of scrap value in accounting?
Define social responsibility accounting
hi i want to run vendor debit memo after he paid all amount i want to give discount through miro i am giving the price and quantity and run in through miro the system will pass another two more line iteams extra and shwoing dr/cr balance +/- when i will increase the amount this is also increasing what is the reason i dont know please send me immediately
Tell me whether the account “cash” will be credited or debited, when a company pays a bill?
under which head should be the p & l appropriation a/c should be opened in tally 9? and how to preapare and display it?
How to post salary advance transfer from one branch to another branch ?
What is the difference between accumulated depreciation and depreciation expense?
Define scrap value in accounting?
Are there any questions you would like to ask?
Explain what is double-entry accounting? Explain with an example?
If closing stock is given in adjustments, how we show in tally 9.0 ?
Tell me entries to revenues accounts such as service revenues are usually?
Explain fictitious assets?
Explain what does the standard journal entry includes?
What is the rate of penalty charged when the given Vat Cheque dishonoured?