milorinodino
Member
- Joined
- Nov 23, 2011
- Messages
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help needed
question 1:
table cost 50
table selling price 500
discount 10% (aka 50)
how would you take in the double entry of discount?
dr cash 450
cr discount allowed 50?
question 2:
table cost 50
table selling price 500
free of charge
how would you take in the double entry of complimentary table?
TIA!!
question 1:
table cost 50
table selling price 500
discount 10% (aka 50)
how would you take in the double entry of discount?
dr cash 450
cr discount allowed 50?
question 2:
table cost 50
table selling price 500
free of charge
how would you take in the double entry of complimentary table?
TIA!!