Select the correct journal entry for the following transaction. "Received ERs. 475/- from M/S. Aloha & Co. in full settlement of Rs.500/-".

 Cash account: Dr. Rs.475/- Discount account: Dr. Rs.25/- To M/S. Aloha & Co. A/B CPR. Rs.475/-

 Cash account: Dr. Rs.475/- To M/S. Aloha & Co. A/B CPR. Rs.475/-

 Cash account: Dr. Rs.500/- To M/S. Aloha & Co. A/B CPR. Rs.500/-

 Cash account: Dr. Rs.475/- To M/S. Aloha & Co. A/B CPR. Rs.450/- To Discount account CPR. Rs.25/-