Cash received from mohan 5000 at 10 discount
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cash received from him is 500
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Cash received from mohan 4500
Journel entry
Cash account dr 4500
Discount allowed ac dr 500
Mohan ac cr 5000
(Cash received and discount allowed to mohan)
Journel entry
Cash account dr 4500
Discount allowed ac dr 500
Mohan ac cr 5000
(Cash received and discount allowed to mohan)
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