Question

rs 500 were due to shyam he paid rs 480 in full settlement of his account journal entry ​

Answer 1

Answer:

Particulars Dr. (Rs.) Cr. (Rs.)

Mohan ...Dr 5000

To cash 4975

To discount received 25

( being cash paid to Mohan in full settlement and dicount received)

Answer 2

Answer:

Your answer is........

Shyam Dr 500

to cash a/c 480

to discount receive a/c 20....

I think it is correct answer .........so please ..

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