Accountancy, asked by jintasan, 10 months ago

on 1 jan, x sold goods to y for 2500 and drew a bill for 2 months. y accepted the bill on due date, y expressed his inability to meet the bill and agreed to pay 10000 and i accepted a new bill for the balance. it include interest for 73 days along with 10% interest pa. x agrees to the proposal. the bill is met by y on maturity. pass entries in the books of both the parties. i need it asap

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Answered by himanshi5561

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