Anwar sold goods worth Rs.16,000 to Pawan on 12.07.2019 and a bill for Rs.15,000 was
drawn for 4 months and accepted in full settlement. On
18th August Anwar sends the bill to his banker for collection. On the due date the bill was
honoured. Pass journal entries in the books of both the parties.
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Anwar sold goods worth Rs.16,000 to Pawan on 12.07.2019 and a bill for Rs.15,000 was
drawn for 4 months and accepted in full settlement. On
18th August Anwar sends the bill to his banker for collection. On the due date the bill was
honoured. Pass journal entries in the books of both the parties.
Explanation:
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