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David discounted a bill of exchange face value OMR 4,000 with the bank, and bank charged a discount of OMR 200.What is the journal entry
David discounted a bill of exchange face value OMR 4,000 with the bank, and bank charged a discount of OMR 200.What is the journal entry in the books of the ban Dr Bills discounted 4,000 Cr David 3,800 Cr Interest and discount 200 None of these Dr Interest and discount 200 Cr Bills discounted 4,000 Dr David 3,800 Dr Bills discounted 4,000 Cr David 3,800 Cr Interest and discount 200
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