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Discount allowed to customer Rs 150 is credited to him as Rs 100. Pass rectifying entry for it

Posted by Shikha Bhadoria 6 years, 11 months ago

CBSE > Class 11 > Accountancy

5 answers

Syed Nabeel Haider 6 years, 11 months ago

Suspense A/c Dr. Rs 50 and Customer A/c Cr. Rs 50.

Neha _ 6 years, 11 months ago

If it is related to BRS then it will be Wrong side posing of wrong amount dr and amount will be 250 . Because discount allowed is a expence so it will be debited but here it is credited so be have to decrease credit side amount by rs 100 and 150 which is discount will also be debited so overall 250 rs will be debited

Abhik Khare 6 years, 11 months ago

Discount allowed a/c Dr. 50 To customer a/c 50

Puneet Jain 6 years, 11 months ago

Customer a/c Dr to discount allowed

Ajit Kumar 6 years, 11 months ago

Customer a/c. Dr To. Discount allowed May be.... Not sure

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