Question

received cheque from Deepak for 5000 (not banked), allowed discount 200 (cash book)

Answer 1

Cheque In Hand A/C  Dr        Rs.5,000

Discount Allowed A/C  Dr      RS.200

          To Deepak A/C   Rs.5,200

(being Cheque received from Deepak and not deposited in the bank and Discount allowed to Deepak)

Answer 2

Answer:

Bank A/C. Dr. 5000

Discount allowed A/C. Dr. 200

To Deepak A/C. 5200