Question

On 1st January 2017, Hari drew on Gopal, who is his debtor for 60,000 three bills of exchange: First for
15,000 at one month, Second for 20,000 at two months and third for 25,000 at three months. Gopal

acepted all the three bills.

On 5th January 2017, Hari endorsed the first bill to his creditor Satish in full settlement of his account of

15,200. This bill was duly met on maturity.

On 1st February 2017, the secona wa u Cnale ronect Hari drew a
dishonoured on the due date and bank paid 120 as noting charges. On Gopal's request, Hari drew a
fourth Dill on Gopal tor 2 months tor the amount due plus interest @ 15%6 p.a.
Third bill was paid under a rebate of 12% p.a. one month before maturity. The fourth bill was sent to

bank for collection on 4th May 2017 and was duly met on maturity.
Pass Journal entries in the books of Hari, Gopal and Satish ​

Answer 1

Answer:

On 1st February 2017, the secona wa u Cnale ronect Hari drew a

dishonoured on the due date and bank paid 120 as noting charges. On Gopal's request, Hari drew

Explanation:

pls this statement is notproper written pls write it again