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CHEQUE ISSUED TO ABC 20000 & DISSOUNT RECEIVE 2000
THE CHEQUE DISSONORED
WHAT ENTERY THIS TRANSACTION
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Answer Posted / t.saravanan
At the time of cheque issue
ABC Dr Rs.20000.00
Bank Cr Rs.20000.00
Bank Dr Rs.2000.00
Discount Cr Rs.2000.00
At the time of cheque dishonur
Bank Dr Rs.20000.00
ABC Cr Rs.20000.00
This question Not showing the discount return.
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