Question

Paid to Arjun by cheque Rs 1900 in full settlement of his account of Rs 20000

Answer 1

Answer:

18100 is the answer mark me a brainist

Answer 2

18,100

Explanation:

                             Books of (---- Limited)

                                   Journal Entry

Date         Account Title and Explanation     Debit       Credit

                  Cash               A/c Dr.                    1,900

                  Discount allowed   A/c Dr.             18,100

                          To Ram    A/c                                          20,000

         (Being amount received from Arjun with discount)

Computation of discount amount to Arjun:

Discount to Arjun = 20,000 - 1900

18,100

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