Question

mohan draws a bill on suresh for rs . 14,000 for 4 months which is accepted by suresh . mohan discounted the same rs. 13,750 on maturity suresh fail to honour the bill and request mohan to draw a new bill for 4 months for the original amount of bill plus interest rs. 500 . mohan agree to the proposal make journal entries in the books of mohan​

Answer 1

Explanation:

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