Cash received from ram in his full and discount allowed to him 2000?
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Answered by
3
Day book of Seller ( Ram )
Bank Account Dr. 45000
Discount Allowed Account Dr. 5000
Sham Account Cr. 50000
Day book of Buyer ( Sham )
Ram Account Dr. 50000
Bank Account Cr. 45000
Discount Received Account Cr. 5000
Bank Account Dr. 45000
Discount Allowed Account Dr. 5000
Sham Account Cr. 50000
Day book of Buyer ( Sham )
Ram Account Dr. 50000
Bank Account Cr. 45000
Discount Received Account Cr. 5000
Answered by
0
discount received account = Cr5000
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