Question

On 1st January, 2017, A sold goods worth Rs.12000/- at 10% trade discount and drew a bill on B payable after 3 months. B accepted the bill and returned it to A. After 10 days, A endorsed the bill to his creditor C to whom Rs.11000/- is due in full settlement. On the due date, the bill was dishonoured and C paid Rs.200 as nothing changes. Record the transactions in the books of A and B.

Answer 1

MARK ME AS BRAINLLEST

12000 - 200 = 11800

11800 - 11000 = 800

MARK ME AS BRAINLLEST

Answer 2

Answer:

1st January, 2017, A sold goods worth Rs.12000/-