Question

on 1-1-2020 ramesh sold goods to mahesh for rs 20,000 and drew 4 months bill on him for the amount. after mahesh acceptance, ramesh endorsed the bill to suresh. on the due date the bill is honoured. give journal entries in the book of all parties.​

Answer 1

Explanation:

Ramesh sold good to Mahesh and drew for four month =20,000/4

so journal entries in the book in this book of all

parties is 5,000