Journal entry of discount not credit note
This query is : Resolved
13 October 2020
journal entry of discount not credit note part self makee journal entry and says to me make journal entry and i l make journal entry and is this
PARTY A......DR
................CR PURCHASE AC
THEN IT LESS FROM PURCHASE DOES IT RIGHT
PARTY A......DR
................CR PURCHASE AC
THEN IT LESS FROM PURCHASE DOES IT RIGHT
13 October 2020
Yes, it's right. The value of purchase reduced due to discount.
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