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on march 15, 2018 ramesh sold …

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on march 15, 2018 ramesh sold goods for rs 8000 to deepak on credit.deepak accepted a bill of exchange drawn upon hjm by ramesh payable after 3 months. on april 15ramesh endorsed the bill in favour of his creditor poonam in full settlement of her debt of rs 8250. on may 15 poonam discounted the bil with her bank @12%p.a. on the dye date deepak met the bill .record rhe necessary joural entries in the books of ramesh

Posted by Vinarjot Kaur 6 years ago

CBSE > Class 11 > Accountancy

1 answers

Priti Paliwal 6 years ago

15,march Deepak. 8000 To sales 8000 15,march B/R. 8000 To Deepak. 8000 Ap15 poonam. 8000 Discount rec. 250 To B/R. 8250

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