On 1 April, 2020 Ravi sold goods to Raj of Rs. 1,50,000. Raj paid 1/3 amount
and a acceptable for rest amount, of 2 months. Bill discounted with bank @
12% PA. On due bill become dishonored and noted by Rs. 500. Raj paid Rs.
10,000 and 18% P.A. Interest immediately and a new bill for 1 month. New
bill met matured on due date. Pass Journal entries in the books of Ravi and
Raj
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bro answering the question is waste because he borrowed on April 1st which April fool
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