Question

ram who owed 80,600 settlement his account with a cash pay of 20,000 and other by cheque 60,000?
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Answer 1

Explanation:

80,600 settlement his account with a cash pay of 20,000 and other by cheque 60,000?

Answer 2

Answer:

I assume you want journal entries.

Creditors a/c Dr. 80,600

To cash a/c 20,000

To Bank a/c 60,000

To discount a/c 600

( Ram paid 20000 in cash

and 60000 in cheque;

discount 600)

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