what is the journal entry for credit sale and credit
purchase?
Answer Posted / 1963
Credit sale.
Party(sundrey debtors)a/c Dr
To Sales
Credit purchASE.
Purchases a/c Dr
To Party(sundry creditor)
| Is This Answer Correct ? | 1 Yes | 0 No |
Post New Answer View All Answers
why do you think you are sutable candidate for this post
Short answer on _______Amendment
Plz Give the Inventry Accounting Procedure 1.Domestic Purchases ( VAT,CST,& Excise) 2.Import Purchases ( Direct Expences & Excise ) 3.When Will the Price Diffrence Entry Happen? 4.Cash Discount & Trade Discount On Purchases? 5.Domestic Sales ( VAT,CST,& Excise) 6.Export Sales ( Customes ,Excise ) 7.Cash Discount & Trade Discount On Sales?
What is the meaning of Debt reconciliation and how to do debt reconciliation?
how can i make configration relation with inflation in sap
why gross profit transfering to profit & loss account
What is the procedure to become charted accountant in India now. Please answer this is urgent
At Present Situation in sensex market is low, It converts the whole human being life into the depth. When and how it will change? Is it possible?
How can a Society be converted to a Private Limited Company in the Real Estate Industry and at the same time have the least tax liability upon it's profits earned during the financial year closing
differences between liabilities and assessts
What is inter-corporate deposits? and where it is shown in balance sheet?
what is finance what is bpo why do u want join a BPO types of process in BPO Company's
What will be the consequences if the partnership is not registered
What do you mean by custodian/Depository, & what are the different types of Depository? (NSDL/CDSL)
What is money measurement concept