Accountancy, asked by ajibolachristiana104, 8 months ago

Received c15,000 cheque from Johnson store in full settlement Of a debt of c16,000.

Answers

Answered by ItsRitam07
0

Answer:

Bank a/c. Dr ₹15,000

Discount Allowed a/c. Dr. ₹1,000

To Johnson Store a/c. ₹16,000

(Being Johnson store paid their debt on full settlement by cheque)

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