On 1/03/2021 Ram sold goods to Shyam for Rs 45,000 and drew a Bill for Rs 45000 for a
period of 3 months. The bill was duly accepted. On 4/4/21, the bill was discounted with the
bank at 8% p.a.
On the due date the bill was dishonoured with noting charges Rs 200 paid by the bank. Ram
drew another bill for Rs 48000 which was accepted. The new bill was duly honoured. Give
journal entries in the books of Ram and shyam.
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