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On 1st January 2020 Rakesh sold …

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On 1st January 2020 Rakesh sold goods to Harish for Rs. 55,000. Rs.5,000 was paid by Harish immediately and two bills were drawn by Rakesh amounting for Rs.30,000 for two months and another bill for Rs.20,000 for three months which were duly accepted by Harish. First bill was met (paid) on due date but the second bill was dishonored for which noting charge of Rs. 500 was paid by Rakesh. Pass journal entries in the books of drawer and drawee.

Posted by Dushyant Verma 3 years, 9 months ago

CBSE > Class 11 > Accountancy

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