@@jayesh311* Trade discount should not be recorded anywhere. So that you can take the net amount as purchase eg: good worth 40000, 10% trade discount right so Goods should be valued at net amount 36000. * Purchase A/c 36000 To cash 33120 To discount received 2880 Is the journal of purchase with cash discount
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thank you sista
Sister apo To interest on loan 14,000 vandhu asset side podanuma ? Kindly clear my doubt
Mam market value anna
Eg: oru product ku market la evolo value iruku. ( The amount for which something can be sold on a market)
Bad depts adhukula provision adhuvume depreciation adhnana akkka
Bad debts na debtors nammaku amount pay pannala panna matanga nu artham, depreciation na asset use panro la so antha asset oda value kammiyagum
Okka 👍
Mam i have doubt for journal can you solved...
Yes, I can
@@ariyalamaccounts Goods of 40000; purchase from karnal at 10% trade discount and 8% cash discount. Quarter amount paid by cheque of Gujarat Bank..
Please solved this question
Pruyila mam
@@jayesh311* Trade discount should not be recorded anywhere. So that you can take the net amount as purchase eg: good worth 40000, 10% trade discount right so Goods should be valued at net amount 36000.
* Purchase A/c 36000
To cash 33120
To discount received 2880
Is the journal of purchase with cash discount
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