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What is the journal entry of discount received?
Dr cash/bank Cr discount received
What is the journal entry for this paid pporter 48650 by cheque the firm also received a 2000.00 cash discount from porter?
debit bank 48650debit cash discount 2000Credit porter 50650
What will be the journal entry of this transaction. Discount received from a customer for Rs200 enterd in bank column of cash book errornously?
Debit - Discount received 200 Credit -customers account 200
Is Cash Discount received on cash sales?
Cash discounts are received on cash sales. The seller or provider often refers to the cash discount as a sales discount.
What is the journal entry of cash received from swati in full settlement?
CASH A/C DR DISCOUNT A/C DR TO SWATHI A/
What is the journal entry for a cash purchase with discount?
Debit purchasesCredit cash / bankno entry for trade discount and in case of cash discount:Debit purchasesCredit cash / bankcredit discount
What is the journal entry of Ram started business with 5000 lend?
Debit Cash 5000 Credit Capital 5000
What is the journal entry for earned discount?
[Debit] Cash[Credit] Discount earning
How do you pass journal entry for discount allowed?
Debit cash / bankCredit discount allowed
What is the Journal entry for CASH sales with discounts?
cash a/c.......dr amt(after discount) to sales a/c amt(after discount)
The cash receipts journal will be used for?
all cash received.
What is the journal entry for cash ch paid to X Rs.5000?
Debit Mr. X 5000 credit bank 5000
