cheque received 2900 from shyam in full settlement of 3000
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Answered by
3
Explanation:
the journal entry will be.
cash a/c dr 2900
discount a/c dr 100
to shyam a/c 3000
( being cash recieved from shyam in full settlement of his account)
Answered by
0
the journal entry will be:
Bank a/c. Dr. 2900
discount allowed a/c. Dr. 100
to Shyam a/c. 3000
(being cheque received form Sam in full settlement)
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