Question

DOORS ON
1.6 On 1st July, 2016 Gorge drew a bill for Rs. 1,80,000 for 3 month son Harry for mutual
accommodation. Harry accepted the bill of exchange. Gorge had purchased goods worth Rs.
1,81,000 from Jack on the same date. Gorge endorsed Harry's acceptance to Jack in full
settlement. On 1st September, 2016, Jack purchased goods worth Rs. 1,90,000 from Harry.
Jack endorsed the bill of exchange received from Gorge to Harry and paid Rs. 9,000 in full
settlement of the amount due to Harry. On 1st October, 2016, Harry purchased goods worth Rs.
2,00,000 from Gorge. Harry paid the amount due to Gorge by cheque. Give the necessary
Journal Entries in the books of Harry and Gorge.​

Answer 1

Answer:

hope my answers are correct in every respect

Answer 2

Answer:

plz refer page no. 6.18 of Module 1{principal and practice of accounting (CA Foundation Book)}

Explanation:

i hope this answer helps you....