Question

paid to 4800 in full settlement of accounts rs 5000​

Answer 1

Explanation:

The right journal entry for this question is÷

Ram A/C----------Dr. 15,000

To discount received A/C 500

To cash A/C 14,500

(being, cash paid and discount received)

Answer 2

Explanation:

Paid 4,800 in full

settlement of 5,000 due to the creditor. Give Journal Entries