[Hint: Discounting charges = * 600.) ]
₹ 3 000
1st Septer
September 2018
5. On 1st January, 2019, X sold goods of * 20,000 to Y and drew a bill on Y at three monte
for the amount. Y accepted the bill. The bill is met on maturity. Pass the necessary Joun
entries in the books of X and Y, if X discounted the bill @ 12% p.a. from bank on 4th Januar
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Answer:
the answers is 5 discount prices 3percentage
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