Question

Journalise the following in the books of Hari:

Sohan informs Hari that Mohan’s acceptance for Rs. 13,000, endorsed in favour of Sohan by Hari,

has been dishonoured. Sohan agrees to accept Rs. 3,000 in cash and an acceptance at 3 months together

with interest @ 12% per annum.​

Answer 1

Answer:

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