Accountancy, asked by stellawilly30, 11 months ago

purchased rupees 12000 12% Government Bonds at rupees 11760

Answers

Answered by aiman69
1
12%govt bond ac dr 12000
To cash / bank ac 11760
To discount received ac 240
aiman69: credit
stellawilly30: okay
aiman69: because its our gain
stellawilly30: ok
stellawilly30: sundry expenses will come in cr or dr
stellawilly30: confusion
aiman69: dr side of p&l account
aiman69: profit and loss ac dr side
stellawilly30: purchase goods of Rs 14000 at 5% trade discount how to solve
aiman69: purchase ac dr 14000 to cash/bank ac 13300 to discounts received ac 700 (5% of 14000)
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