Received from Krishna Murthy Rs 26500/- in full settlement
of due Rs 30000/-. Pass entry
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Answer Posted / hemaraju
Receipt
Bank A/c Dr 26500
Discount a/c Dr 3500
To krishnamurthy a/c 30000 a/c cr
Being received payment from krishna murthy Rs 26500 for
full settlement fo Rs 30000/- Discount allowed Rs 3500.
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