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Stock worth 10000 cost price 7500 taken by clerk. Amount to be deducted from his salary subsequent month. journal entry will be...??

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Question added by Vinay Pspk
Date Posted: 2017/11/10
Mudassar ahmed Surve
by Mudassar ahmed Surve , Accountant , AJmal Perfume

Employee Account(Clerk).... Dr         7500

Discount Given A/c.....Dr                   2500 

     To Stock A/c ..........................Cr               10000

Raoof  Khan
by Raoof Khan , ACCOUNTANT , RATTAN HOUSE FURNITURE & DECORAITON L.L.C

Debit - Employee Account

           Credit - Purchase account

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