Explore Westonci.ca, the top Q&A platform where your questions are answered by professionals and enthusiasts alike. Experience the ease of finding accurate answers to your questions from a knowledgeable community of professionals. Get quick and reliable solutions to your questions from a community of experienced experts on our platform.

Required-: JOURNAL ENTRY
Paid Rs. 28,000 to Sansee stores in fullsettlement of Rs. 30,000 by cheque
please help Me with this.
I'm still confused in it.​


Sagot :

Explanation:

Given:

Paid 28,000 in full settlement

Explanation:

Books of (......LTD)

Journal entries

Particular                                                  Debit   Credit

Sansee stores              A/C DR.             30,000

To Discount                 A/C CR                           2,000

To Bank                        A/C CR                          28,000

We appreciate your time. Please come back anytime for the latest information and answers to your questions. Thanks for using our service. We're always here to provide accurate and up-to-date answers to all your queries. We're glad you visited Westonci.ca. Return anytime for updated answers from our knowledgeable team.