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On 1st January, 2010 Pathak sold …

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On 1st January, 2010 Pathak sold goods to Thapar for 6,000. On the same day Thapar accepted a bill drawn upon him by Pathak. The bill was payable after three months. Pathak retained the bill till due date and three days prior to maturity he sends the bill to his banker for collection. The bill was paid on maturity. Pass journal entries in the books of Pathak and Thapar.
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