Question

Paid to Kiran rupees 41700 discount received 300

Answer 1

kiran a/c Dr. 42000

To cash a/c 41700

To discount a/c 300

Answer 2

Journal Entry

Kiran ______________Dr_42000

____To Cash A/c__41700

___To Discount received A/c_300

(Being cash paid to Kiran and discount received)