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CHEQUE ISSUED TO ABC 20000 & DISSOUNT RECEIVE 2000
THE CHEQUE DISSONORED
WHAT ENTERY THIS TRANSACTION

Answer Posted / r.bhaskar rao

If cheque was dissonored, the party ABC account is credited
by RS.22,000 and bank account is debited by RS.20,000 and
also discount received account is debited by Rs.2,000

Is This Answer Correct ?    22 Yes 5 No



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