Question

On 15 th February 2020,Arun sold goods valued at Rs 6000 to Rushi and he drew a bill upon him on the 4th March at three months date. Modi accepted the bill. On 7thApril , Arun discounted it at his bank at 12% per annum. Just before the bill fell due, Rushi asked Arun to withdraw the bill on maturity, sending him a cheque for Rs 2000,and saying he would accept two fresh bills, each for half the amount still due, one at two months and the other at three months, with interest at 15%per annum added . To this proposal Arun agreed. Both these bills are met at due dates.
Show journal entries recording the above transactions in the books of both Arun and Rushi.​

Answer 1

Answer:

please give me prem list