On Jul 2020. A sold in …
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On Jul 2020. A sold in B gonds for 43,000. i paid 3,000 hey there and accepted 2 bills of 15,000 and 25,000 for 2 months and 3 months respectively Aher 10 days A endorsed the first bill to C in full satisfaction for a debt of 15,100 On 16 August 2020, A Discounted the second bill with his bank at 6% per anaum. Both the bills were dishonoured. Noting charges being 40 and e 60 respectively Pass journal entries in the books of A, B and C.
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