Question

Received form rabin in full settlement $2400

Answer 1

Hey!!

Here is your answer

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The journal entry will be

Cash A/c .........................Dr. ..... 2,400

Discount Allowed A/c ...Dr. ..... 600

....To Robin A/c....................................3,000

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Thanks!!

Answer 2

Heya!!

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Cash A/c .......... Dr. ...2,400

Discount A/c.... Dr. ...600

... To Robin ......................... 3,000

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Thanka!!☺