Question

Cheque issued to Mahesh for ? 11,500 in full settlement of
account​

Answer 1

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Answer 2

Answer:

Mahesh A/c. Dr. _____

To. Bank A/c 11500

To. Discounts A/c ____

(Being check issued to

Mahesh in full settlement)

{I have not written amt in those two blanks because you have not mentioned the amt which is a balance to pay to Mahesh

For example, If the balance of payment was of rs 12000 then 12000 will be debited and 500 will come in discount

if your amt changes then do it accordingly}

HOPE IT HELPS