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

Answer Posted / jayadeep h.r

ABC LTD A/C Dr 20,000
To Bank A/c cr 20,000
(For Cheque issue)

Discount A/C Dr 2,000
To ABC LTD A/C Cr 2,000
(For discount)

Bank A/C Dr 20,000
To ABC LTD A/C 20,000
(For Cheques dishonor)

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