Accounting Entry

Party a/c                  Dr. 

Discount a/c            Dr.  (only cash discount)

            To Cash a/c  

Note :- Trade discount is not accounted .

agree with above only cash discount will be entered

Originally posted by : kamal kishor sen
	Cash a/c                  Dr.  Discount a/c            Dr.  (only cash discount)             To party a/c   Note :- Trade discount is not accounted .

Agreed

cash a/c             dr.

discount a/c       dr. only cash dicount

         no any other

IN CASE OF CASH DISCOUNT RECEIVED FROM PARTY

PARTY AC- - - - - - - -- - - - - - - - - - - - - - -- DR.

                    TO DISCOUNT AC

                     TO CASH AC

(BEING DISCOUNT RECEIVED ON CASH PAYMENT)

Originally posted by : kamal kishor sen
	Cash a/c                  Dr.  Discount a/c            Dr.  (only cash discount)             To party a/c   Note :- Trade discount is not accounted .

agreed with kamal kishor

Trade discount are not recorded while journalising only cash discount is recorded..........

supplier/creditors A/c....Dr.

 To  Cash A/c

To Discount received A/c

Agree with Aditya

HOW TO REDUCE THE FIXED COST AT BRANCH EXPENSES LEVEL ACCOUNTING?

@ Imran Khan

Firstly tell me which expenses you want to minimise

then i will address u

Thanxx...........