Commerce Exam  >  Commerce Questions  >  Credit purchases from Ram & Co. for Rs.5,000.... Start Learning for Free
Credit purchases from Ram & Co. for Rs.5,000. Cash discount will be received at 5% on payment of bill within 10 days. What will be Journal entry for this question?
Most Upvoted Answer
Credit purchases from Ram & Co. for Rs.5,000. Cash discount will be re...
If he gives money in 10 days
1 purchase ac dr 5000
to ram &co 5000
2 ram&co dr 5000
to cash ac 4750
to discount received 250
Community Answer
Credit purchases from Ram & Co. for Rs.5,000. Cash discount will be re...
My main function is to assist users in generating human-like text based on the input given to me. However, if you are looking to make a credit purchase from Ram, you may need to contact them directly to inquire about their credit policies and terms.
Attention Commerce Students!
To make sure you are not studying endlessly, EduRev has designed Commerce study material, with Structured Courses, Videos, & Test Series. Plus get personalized analysis, doubt solving and improvement plans to achieve a great score in Commerce.
Explore Courses for Commerce exam

Similar Commerce Doubts

Top Courses for Commerce

Credit purchases from Ram & Co. for Rs.5,000. Cash discount will be received at 5% on payment of bill within 10 days. What will be Journal entry for this question?
Question Description
Credit purchases from Ram & Co. for Rs.5,000. Cash discount will be received at 5% on payment of bill within 10 days. What will be Journal entry for this question? for Commerce 2024 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about Credit purchases from Ram & Co. for Rs.5,000. Cash discount will be received at 5% on payment of bill within 10 days. What will be Journal entry for this question? covers all topics & solutions for Commerce 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Credit purchases from Ram & Co. for Rs.5,000. Cash discount will be received at 5% on payment of bill within 10 days. What will be Journal entry for this question?.
Solutions for Credit purchases from Ram & Co. for Rs.5,000. Cash discount will be received at 5% on payment of bill within 10 days. What will be Journal entry for this question? in English & in Hindi are available as part of our courses for Commerce. Download more important topics, notes, lectures and mock test series for Commerce Exam by signing up for free.
Here you can find the meaning of Credit purchases from Ram & Co. for Rs.5,000. Cash discount will be received at 5% on payment of bill within 10 days. What will be Journal entry for this question? defined & explained in the simplest way possible. Besides giving the explanation of Credit purchases from Ram & Co. for Rs.5,000. Cash discount will be received at 5% on payment of bill within 10 days. What will be Journal entry for this question?, a detailed solution for Credit purchases from Ram & Co. for Rs.5,000. Cash discount will be received at 5% on payment of bill within 10 days. What will be Journal entry for this question? has been provided alongside types of Credit purchases from Ram & Co. for Rs.5,000. Cash discount will be received at 5% on payment of bill within 10 days. What will be Journal entry for this question? theory, EduRev gives you an ample number of questions to practice Credit purchases from Ram & Co. for Rs.5,000. Cash discount will be received at 5% on payment of bill within 10 days. What will be Journal entry for this question? tests, examples and also practice Commerce tests.
Explore Courses for Commerce exam

Top Courses for Commerce

Explore Courses
Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
10M+ students study on EduRev