Question

settled the account of ram at a discount of $ 1000. accounting equation and rules of debit and credit​

Answer 1

Answer:

ram a/c Dr

to cash a/c

to discount received a/c

Explanation:

in accounting equation

less from cash coz cash is decreasing

and less full amount from Ram a/c in liabilities coz we settled him his a/c decreasing.

and discount amount add to capital coz its a profit to us.

Answer 2

Answer:

hi

Explanation: