sold merchandise at rs 11,000 price and received in cash 9,000
what will be the journal entry
- 2 Answers
- 3358 Views
- I also Faced
- E-Mail Answers
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
how much cash transaction to single transport company per day and also per year
Is it legal for an organization to keep two sets of accounting records; one for tax and one for book? Why or why not?
please tell me when co. owner invest money in his family members bank a/c. not any transaction came in business can we do this bank statement in tally ?
Explain different branches of accounting?
is it related to b.com syllabus or puc syllabus
What is the difference between Open Items and Reconciling Items on a Balance Sheet Reconciliation?
What is double-entry accounting? Explain with an example?
Wo kya cheez hai jo sal me 1bar mahine me 2 bar aur hafte me 4 bar aur din me 6 bar ata hai?
Define and distinguish between flexible and floating exchange rate system. What kind of exchange rate system does china have?
credit card expenses entry kisme pass karenge
sir I heard from some body that he received more money than requested in an ATM.Is it possible, if yes what is the remedy ?
What steps would you take to locate the errors in case trial balance disagrees?
What is the difference between accrual
How new/innavtive assets are to be treated under IFRS?
Tell me in accounting, how do you define premises?
