Question

what is the journal entry for shailesh paid in cash4900 allowed him discount rs100

Answer 1

X 5000
To cash A/C 4900
To discount recieved. A/C. 100

Answer 2

journal entry

Shailesh A/c  Dr   5000
       To bank A/c               4900
        To discount A/c            100
(Being paid to shailesh )

Hope its useful ..!!