Accountancy, asked by tusharjain626, 10 months ago

15. A purchased goods from B for Rs. 1,500 on 1 July 2014 and accepted a bill for 2 months drawn on him by B on the same date for the same amount. B immediately discounted the bill at his bank at 6% p.a. At Maturity the bill was dishonoured and noting charges amounted to Rs. 20. B agreed to receive from A Rs.550 in cash and a new bill of Rs.1,000 for 3 monts in full settlement .Give Journal Entries in the books of A only .

Answers

Answered by ayushigupta969533
1

Answer:

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Explanation:

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