Paid to mohan rs.8500 infull satisfactionof his account rs 9000
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mohan ac dr 9000
to cash ac 8500
to dis received ac 500
(being cash paid to mohan in full settlement of his account)
Explanation:
whenever this type of question is given you have to assume it as a cash discount write the full amt that has to be given in persons name ac, then the amt that was paid in cash ac and rest of the amt that is not paid assume it as a discount
may this help you
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