e value OMR 6,000 with the bank, and bank charged a discount of OMR 300 ik? Dr Bills discounted 6,000 Cr Joe 5,700 Cr Interest and discount 300 Dr Interest and discount 300 Cr Bills discounted 6,000...

37) Joe discounted a bill of exchange face value OMR 6,000 with the bank, and bank charged a discount of OMR 300.What is the journal entry in the books of the bank?


Extracted text: e value OMR 6,000 with the bank, and bank charged a discount of OMR 300 ik? Dr Bills discounted 6,000 Cr Joe 5,700 Cr Interest and discount 300 Dr Interest and discount 300 Cr Bills discounted 6,000 Dr Joe ,700 None of these Dr Bills discounted 6,000 Cr Joe 5,700 Cr Interest and discount 300