Question

Jagat settled his account at 5% discount by paying in cheque. Cheque is
deposited in bank on the same day.​

Answer 1

Answer:

Explanation:

1) discount at 5% a/c Dr

cheque a/c Dr

to jagat a/c

2) bank a/c Dr

to cheque a/c

Answer 2

Answer:

discount at 5% a/c Dr. 800

cheque a/c Dr. 15200

to jagat a/ c 1600