Mr. Sachin: paid A/P Tk.6,500 by cheque, received discount Tk.500 (settlement of Tk.7,000) — entry:

• aA/P debit Tk.7,000, Bank credit Tk.6,500, Discount Received credit Tk.500
• bA/P debit Tk.6,500, Bank credit Tk.6,500
• cBank debit Tk.7,000, A/P credit Tk.7,000
• dDiscount Received debit Tk.500, A/P credit Tk.500