Journal entry.
Received cheque from Ganesh Rs.19,000 in full settlement of Rs. 20,000.
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Bank A/c ---------Dr 19000
To Ganesh. 19000
(Being received cheque from Ganesh in full settlement)
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Answer:
Bank a/c Dr. 19000 Discount a/c Dr. 1000 To Ganesh a/c 20000 ( Being received cheque from Ganesh in full settlement . )
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