Accountancy, asked by rkcheema9341, 10 months ago

On 10th March, 2018, A draws on B a bill at 3 months for ₹20,000 which B accepts immediately and returns to A. The bill is honoured due date.
​Pass necessary Journal entries in the books of both the parties.

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Answered by rachhasaipranav
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On 10th March, 2018, A draws on B a bill at 3 months for ₹20,000 which B accepts immediately and returns to A. The bill is honoured due date.

Pass necessary Journal entries in the books of both the parties.

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