1) Paid to Dass1500
Discount allowed by him 50
2) Received from Chaudhary4900
Discount allowed100
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Explanation:
Das A/c Dr. 1500
To cash A/c. 1450
To cash Discount A/c 50
Cash A/c Dr. 4900
Cash Discount A/c Dr. 100
To Chaudhary. 5000
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