Question

dalip yadav to whom rs 6000 was payable his account settled by receiving a discount of 1.5 percentage.

Answer 1

Dalip....Dr. 6000
To Bank 5910
To Discount Received 90
(Being Amount settled)

Answer 2

dalip yadav A/c Dr   60000
      To bank A/c                             59100
       To discount A/c                           900
(being paid to dalip yadav as full settlement)