How to pass discount given entry seperately.
Nilesh More (Executive) (72 Points)
15 January 2014How to pass discount given entry seperately.
CA Devanand Jethanandani
(CA)
(8003 Points)
Replied 16 January 2014
Discount / Discount on Sales A/c. Debit
To Party A/c. Credit
Either Discount A/c. to be debited or if separate Disount on Sales A/c. is there then debit Discount on Sales A/c.