Question

A Drew a bill of rupees 1000 on B for 3 months which was duly accepted by the latter A endorsed the bill to C in full payment of his own acceptance to C for a like amount C endorsed the bill to B. pass the journal entries in the books of a b and c

Answer 1

Answer:

Drew a bill of rupees 1000 on B for 3 months which was ... by the latter A endorsed the bill to C in full payment of his own