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is made to Jess Bloggs for 10,000 and a trade discount of 10% isp Jess Bloggs pays within 10 days and secures a cash

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is made to Jess Bloggs for 10,000 and a trade discount of 10% isp Jess Bloggs pays within 10 days and secures a cash discount of 5% What is the double entry for the payment? O Dr. Jess Bloggs 10,000 Cr. Cash 9,500 Cr. Discount Allowed 500 O Dr. Cash 8,550 Dr. Discount Allowed 450 Cr. Jess Bloggs 9,000 O Dr. Jess Bloggs 19,000 Cr. Discount Allowed 12,000 Cr. Cash O Dr. Cash 17,500 7,000 Dr. Discount Allowed 2,500 Cr. Jess Bloggs 20,000 engro

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