On 16.2014, Kumar sold goods to Jitender for Rs. 40000.Kumar received an acceptance
from Jitender for Rs.40000 for 6 months.On 1.7.2014 kumar got the bill acceptance
discounted at 12% pa at his bank.On due date Jitender paid the required amount.Give
the journal entries in the books of kumar and Jitender.
Account
Answers
Answer:
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