cash rs 1,00,000 received from govardhan and allowed him discount rs 500
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cash received= rs 100000
discount = rs 500
final amount = 100000-500
= 99500.
Answered by
1
Answer:
Cash A/C. Dr. 100000
Discount Allowed A/C. Dr. 500
To Govardhan A/C. 100500
(Being cash received from Govardhan).
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