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Received from Krishna Murthy Rs 26500/- in full settlement
of due Rs 30000/-. Pass entry
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Received from Krishna Murthy for final settlement the Entry
has to be followed
Cash A/C Dr 26500/-
Discount allowed A/C Dr 3500/-
To Krishna Murthy A/C 30000/-
Being full and final settelment of the Murhty A.C
| Is This Answer Correct ? | 232 Yes | 23 No |
Cash/ Bank A/c Dr. 26500.00
Discount A/c Dr. 3500.00
To Krishna Murthy 30000.00
| Is This Answer Correct ? | 66 Yes | 21 No |
Answer / hemaraju
Bank a/c Dr 26500
Discount a/c 3500
To krishnamurthy a/c 30000 cr
being received payment by krishna murthy a/c
| Is This Answer Correct ? | 15 Yes | 12 No |
Answer / dev
Cash A/c. Dr. 26500
Discount allowed 3500
To Krishna Murthy A/c. 30000
| Is This Answer Correct ? | 0 Yes | 1 No |
Answer / 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.
| Is This Answer Correct ? | 8 Yes | 10 No |
Answer / sreenatha
Cash account 26500 Dr
Bad debts 3500 Dr
to Krishna murthy 30000 Cr
(Being Cash received from Krishna mutrthy of rs 26500 for
full and final settlement so diff amount is doutful we are
treated as bad debts)
| Is This Answer Correct ? | 8 Yes | 24 No |
Answer / mohit
Receipt:
cash/bank a/c dr. 26500
bad debts a/c dr. 3500
to krishnmurty a/c 30000
| Is This Answer Correct ? | 4 Yes | 22 No |
Answer / tabu
cash A/c Dr 30000
To Krishna Murth A/C 26500
To Discount A/c 3500
( Being Cash recived from Krishna Murth )
| Is This Answer Correct ? | 9 Yes | 49 No |
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