On 15 January Rakesh sold goods 10,000 to Sukesh. On the same he drew a bill for 3 months for same amount which was duly accepted and returned. One month before maturity bill was discounted with bank at 2 %. On maturity bill was honored. Pass entries in books of Rakesh.
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चलिेपुरजेलोगधममके नमपरक् करिेहैं
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