Question

D9

Record the following transactions in the book of Amrit:
a) Manish's bill of Rs. 5,000 was endorsed to Armaan by Amrit, in settlement of his claim
of Rs. 5,300. The bill was dishonoured by Manish on the due date, noting charges Rs.
100 were paid by Armaan. Manish later cleared his dues towards Amrit along with
interest of Rs. 50.
b) Amrit had drawn a bill on Nipun for Rs. 12,000. On the due date of the bill, Nipun
became insolvent and only 25 paisa in a rupee were received from his estate.​

Answer 1

Answer:

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Answer 2

Answer:

B Armit Had Drawn A Bill On Nipul For Rs. 12,000.