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What is the difference between discount allowed and discount received?
discount allowed means the discount which is given by a seller to the buyer. and discount received means the discount received by the seller for purchases made
Will trade discount be entered anywhere in accounting?
Trade discount is not shown any where in accounts as cash is received with discounted amount and sales also shown with reduced price.
Accounting treatment for refundable deposit?
I received rental refundable deposit back, how i treat in account and what type of head is it.......
What is the journal entry of discount received?
Dr cash/bank Cr discount received
Is discount allowed and discount received are same as credit note issued and credit not received?
no because the discount allowed and discount received are totally diffrent and has no link with each other where as if credit note is not issued than it cant received even
What is the difference between discount allowed and discount received?
discount allowed means the discount which is given by a seller to the buyer. and discount received means the discount received by the seller for purchases made
What is the difference between discount given and discount received?
nothing there the something ...
Will trade discount be entered anywhere in accounting?
Trade discount is not shown any where in accounts as cash is received with discounted amount and sales also shown with reduced price.
Provision for discount allowed and discount received?
provision for discount received
Accounting treatment for refundable deposit?
I received rental refundable deposit back, how i treat in account and what type of head is it.......
If Lindsey paid 39.00 for the purse and the original price is 60.00 how much of a discount did she receive?
The discount is the difference (subtraction) between the original price, and the price she actually paid.
Any premium or discount on a long-term debt investment is amortized?
Yes, at the end of the year you take the difference between the interest revenue gained and what would have been gained if the investment had the present value interest. For a discount, the difference will be credited against the discount received.
What is the average treatment effect on the treated individuals in the study?
The average treatment effect on the treated individuals in the study refers to the impact of the treatment on those who actually received it. It measures the difference in outcomes between those who received the treatment and those who did not.
What is the average treatment effect on the treated individuals in this study?
The average treatment effect on the treated individuals in this study refers to the impact of the treatment on those who actually received it. It measures the difference in outcomes between those who received the treatment and those who did not.
What is the journal entry of discount received?
Dr cash/bank Cr discount received
Is discount allowed and discount received are same as credit note issued and credit not received?
no because the discount allowed and discount received are totally diffrent and has no link with each other where as if credit note is not issued than it cant received even
With respect to prepaid income from services is the treatment of prepaid income the same for tax and financial accounting?
No - for financial accounting it is treated as deffered income (included in income when earned) and for tax perposes it is income in the year received.
