Question

In the books of Rahul
Journal
L.F.
Particulars
Debit
Credit
2019
Dec. 1
35,500
1,500
37.000
2020
Mar. 4
....Dr.
Bills Receivable A/c
...Dr.
Discount A/c .........
To Kabir's Alc
(Being bill drawn in full settlement and acceptance
received)
Kabir's Alc
....Dr.
To Bills Receivable Alc
To Discount A/C
To Cash A/C
(Being Kabir's acceptance dishonoured and noting
charges paid)
.
37,500
35.500
1500
Vote : Discount previously allowed has been cancelled on dishonour.
Amount Amoun?​

Answer 1

Answer:

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