Question

Received cheque from prem for Rs300 and cash for Rs200 on account and allowed him discount Rs100 pass necessary journal entry

Answer 1

bank a/c Dr.300
cash a/c Dr.200
discount allowed a/c Dr.100
To prem a/c 600

Answer 2

Hey Mate✌️✌️


journal Entry ⏬⏬⏬


Bank A/c______________Dr_300
Cash A/c______________Dr_200
Discount Allowed A/c______Dr_100
______To Prem___600