Amal sold goods for RS 40000 to Binoy on credit on march 1,2020 Amal drew a bill of exchange upon him for two months Binoy accepted the bill and returned it to Amal on 5/1/2020 Amal discounted the bill with his bank for Rs 38500 but on the due date the bill was Dishonoured and Amal paid rs 800 as noting charges record the necessary journal entries in the books of Amal and Binoy
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