CA Foundation doubt
Can anyone explain me effect of 4th statement in BRS with reason and amount plz!?

Asked by Jkh1 Jul 2024252 views
CA Foundation doubt

Asked by Jkh1 Jul 2024252 views
Tushar · 1 Jul 2024
Discount ac Dr. 100 ... To cash ac 100......... Dr the discount account which is not debited and credit the cash account which is excess debited earlier by 100
Jkh · 1 Jul 2024
No, actually in solution given that substracte 100.
Atharva · 1 Jul 2024
Less rs 100 .. as the discount amount was also include in cashbook . So remove the discount given
Free app · 5 lakh+ learners
Read full notes, ask doubts, follow toppers and track your study hours — free on Android and iPhone.