Question

on 1st dec 2016 govardhab sold goods to komal for ₹10,000 . on the same day he drew a bill of ₹10,000 payable after two months which was accepted by komal . give the journal entries in the books of both the parties​

Answer 1

Answer:

Komal is Debitor for Rs. 10000/-

Govardhan is Creditor for Rs. 10000/-

Answer 2

Answer:

on 1st dec 2016 govardhab sold goods to komal for ₹10,000 . on the same day he drew a bill of ₹10,000 payable after two months which was accepted by komal . give the journal entries in the books of both the parties