(i) Received claim for RS 900 from a customer for late supply of goods claim admitted for RS 500.
(ii) For meeting the requirements of the business for cash, arranged a loan of RS 10,000 from Seth. madan, he gave the amount after deducting interest @ 12%p.a. on RS 10,000 for six months.
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Please clerify Claim , is it discount asking customer .
It's not mention
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