Question

for goods sold A draws on 1 January 2017 a bill upon B for RS.5000 payable 3 months after date. The bill duly accepted. On maturity, B is unable to pay the bill gives another bill payable for one month after date and agree to pay interest @ 6 % p.a. and incidental charges amounting rs. 45. show the entries in the books of A and B​

Answer 1

Answer:

No

Explanation:

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