What will be the journal
- Paid to Gopal in full settlement of his account after deducting 5%discount.
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Answered by
36
Gopal a/c. Dr
Discount allowed a/c. Dr
To cash /bank a/c
Discount allowed a/c. Dr
To cash /bank a/c
Answered by
19
Gopal A/c Dr ..........
discount allowed A/c Dr ..........
To Cash /bank A/c ..............
(being paid to gopal as full settlement)
discount allowed A/c Dr ..........
To Cash /bank A/c ..............
(being paid to gopal as full settlement)
sujiritha95:
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