Gd evening mates !
Journal Entry(without GST)
-- Received from Bharat cash ₹20,000 ,allowed him discount of ₹500.
have a great day ahead
nikijain2972005:
well that's really gr8 @darshan
who are you
khushboo
just operating my sis's account
ok
kid
why do you mean
you look like kid
none of ur's matter
chill dude haha
Answers
Answered by
3
cash a/c dr. 20000
discount allowed a/c dr 500
to bharat 20500
or it will mean that the person has paid entire cash and will affect ur cash book and result in errors while preparing tb
no discounts can be either allowed or received it is better to mention clearly
which class r u
ok all the best and to solve these problems use golden rules of accounting
ok dear atb
Answered by
4
HEYA MATE !
Journal Entry
Cash A/C Dr. ₹20000
Discount A/C Dr. ₹500
To Bharat ₹25000
(Being Received from Bharat at ₹500 discount)
hope it helps
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