Question

paid the due amount to M/s s. Singh and company after availing discount of 400 journal entry

Answer 1

JOURNAL

Particulars. Dr.(₹) Cr.(₹)

Cash A/c....dr.

discount allowe'd A/c....dr.

To M/s S.Singh A/c

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Answer 2

Answer:

cash A/D Dr. 19600

Discount allow. 400

To sing &co. 20000