Answer Posted / guest

Purchases A/c Dr. 25000
Shyam Co. A/c 25000
(being purchases made)

Shyam Co. A/c Dr. 20000
Bank A/c 20000
(being amount paid through cheque)

For the balance amount we raise a debit note to Shyam Co.
If we take the reason of refusing to pay as "difference in
Rate" the entry is as follows

Shyam Co. A/c Dr. 5000
Rate Difference A/c 5000
(being debit note issued for rate difference)

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