What is the journal entry for Issued cheque in favour of Mr jain and bro and discount allowed by them?

The journal entry for issuing a cheque in favor of Mr. Jain and Bro, along with the discount allowed, would involve two components: recognizing the payment and recording the discount. The entry would be:

Debit: Mr. Jain and Bro (Accounts Payable) - Amount of the cheque
Credit: Bank/Cash - Amount of the cheque
Credit: Discount Allowed - Discount amount

This reflects the reduction in liability due to the payment and the expense incurred for the discount.