(1) Received from Charanjeet Rs. 1540 and allowed him discount Rs. 60
(2) Paid Manohar in settlement Rs. 1900 and discount allowed by him Rs. 100
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Cash a/c ...... dr . 1540
Discount Allowed a/c......dr. 60
To Charanjeet 1600
(Being cash received and discount allowed)
Manohar 's a/c .....dr 2000
To cash 19000
To Discount received a/c 100
(Being cash paid and discount recived )
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