Question

Journal entry of give cash to person and receive discount from him

Answer 1

ʜᴇʟʟᴏ,

ᴜ ʀ ᴀɴsᴡᴇʀ.....

⬇️⬇️⬇️⬇️⬇️

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ᴊᴏᴜʀɴᴀʟ ᴇɴᴛʀʏ ᴡɪʟʟ ʙᴇ..

ᴀᴄᴄᴏᴜɴᴛ ᴘᴀʏᴀʙʟᴇ ᴀᴄ ᴅʀ

ᴛᴏ ᴅɪsᴄᴏᴜɴᴛ ᴀᴄ ᴄʀ

ᴛᴏ ᴄᴀsʜ ᴀᴄ ᴄʀ

[ ʙᴇɪɴɢ ᴄᴀsʜ ᴘᴀɪᴅ ᴀɴᴅ ʀᴇᴄᴇɪᴠ ᴅɪsᴄᴏᴜɴᴛ ]

____________________________

ᴍᴀʏʙᴇ ɪᴛ ʜᴇʟᴘs ʏᴏᴜ...☺️

#__ʙᴇ___ʙʀᴀɪɴʟʏ__☺️✌️✌️

@addictedboy.....‼️

Answer 2

HEY MATE✌️✌️

JOURNAL ENTRY ⬇️⬇️⬇️⬇️

Account Payble A/C___________DR

_____To Cash A/c

____To Discount A/C

HOPE THIS HELPS YOU ☺️