Question

8. On 1st April, 2019, X sold goods to Y worth 4,500. On the same date, he drew on Y three
bills for * 1,300 ; 1,400 ; and 1,800 for two months, three months and four months
respectively. Y accepted all the three bills and sent them to X. X retained the first bill,
discounted the second bill with the bank for 1,350 and endorsed the third bill to Z. On the
due date, Y met his acceptances. Record the above transactions in the books of X, Y and Z.

Answer 1

YOUR QUESTION:)

8. On 1st April, 2019, X sold goods to Y worth 4,500. On the same date, he drew on Y three

bills for * 1,300 ; 1,400 ; and 1,800 for two months, three months and four months

respectively. Y accepted all the three bills and sent them to X. X retained the first bill,

discounted the second bill with the bank for 1,350 and endorsed the third bill to Z. On the

due date, Y met his acceptances. Record the above transactions in the books of X, Y and Z.

AND YOUR ANSWER:)

SEE THE REFER THE ATTACHMENT

Answer 2

An author is a person who writes books or articles, usually for money. It can also refer to the person responsible for something, like the author of a plan to overthrow the student government.