Question

payed to Karthik in full settlement office account rupees 7000 and amount paid was 6800.
entry in double columb cash book​

Answer 1

Answer:

Explanation:

In the debit side particular column

To cash a/c

To discount allowed a/c and then the cash amount in the amount column and DA amount in the DA column

Answer 2

Answer:

Particular                      Dr           Cr

Karthik A/c                  7000

To Cash A/c                                6800

To Discount Received                   200

Explanation:

Given:

payed to Karthik in full settlement office account rupees 7000 and amount paid was 6800.

In given problem

Rs 200 forgive by Mr Karthik is a Discount allowed for him and Discount Received for me.

Discount Received is a income, in term of account and income are always show in credit side.