Very difficult journal entry

agree with mr gourav

In the question clearly express "purchase amounting Rs. 9,500 and Rs.500 discount" that means payment made only for Rs. 9,000 as advance, so Journal Entry on 29.03.2012:

Advance to Suppliers A/c                             Dr.     9,000

          To Cash/Bank A/c                                                       9,000

And, Entry to pass on 05.04.12:

Purchases A/c*                                             Dr.     9,135

VAT Input/paid A/c                                         Dr.        365

          To Advance to suppliers A/c                                       9,000

          To Cash Discount Received A/c                                   500

(If Rs. 9500 is inclusive of vat @ 4%)

Dear Frnds

Plz tel me  how to pass journal Entry for Interest Accrued on Bank FD

please confirm which one is the correct entery 

there will be no entry for trade discount in accounting..

Entry will be on 29.03.2012 is ...Dr  Vendor A/c       9000

                                       Cr   Bank   A/c      9000

                   on 05.04.2013 is   Dr Purchases A/c  8640

                                              Dr Input Vat @ 4% A/c 360

                                              Cr Vendor A/c                    9000

Some pls reply

Some one please explain what is entry for "Proviosion for Depriciation" and "Provision for bad debts" and why we use it ???

Agrred with Mr. Satish.

Please make journal entries supporting to your answer

suppose we have made a payment in advance for purchase amounting Rs 9,500 , Rs.500 discount and 4 % vat as on 29 march 2012( INVOICE DATED 30- MARCH 2012), and received goods as on 5 April 2012 because goods were in transit ,

now how will i pass journal entry in my books for 2011-12 and for 2012-2013 including discount, vat, purchase- in- transit.

i want journal entries. please tell me according to matching principle and revenue recognition principal.....

pls tell me journal entries with date

DEBTOR AC DR

TO BANK AC

2. GOODS IN TRANSIT A/C DR 

TO CREDITOR A/C

3. PURCHASE A/C DR 

VAT A/C DR

TO GOODS IN TRANSIT A/C

29.3.12 Advance to party a/c. Dr.10000 To cash / bank. 10000 5.4.12 Purchase a/c dr 10000(including Gst)  To adva.to party 9500 To dis. 500