Question

12. On 5th September, 2010 Tinku accepted a bill of 36,000 drawn by rinku for 3 months after
sight. This bill was drawn for amount which Tinku owed to Rinku for goods brought on credit. On
same date Rinku purchased goods from Pinku for 7.8,500. For this settlement of amount due,
Rinku endorsed Tinku's acceptance in favour of Pinku and accepted 2 months bill for the
balance.
On 5th October, 2010 Pinku discounted both the bills with his bank @ 15% p.a. On the due date
Tinku honoured his acceptance while Rinku was unable to meet the payment for her acceptance.
Pinku's bank paid noting charges .100. Pass journal entries in books of Pinku & prepare Tinku
& Pinku ledger accounts in books of Rinku.​

Answer 1

is that a question or a paragraph ...