Question

On 1st March 2018, R accepted a bill of exchange of Rs.20,000 from S payable 3 months after date, in full settlement of his dues. On the same day, S endorsed the bill of exchange to T together with a cheque for Rs.5,000 in settlement of his debt to the latter. On 2nd March 2018, T discounted the bills of exchange @ 6% per annum with his bankers. On maturity the bill of exchange was dishonoured. Journalist the transaction in the books of R&T. ​

Answer 1

Answer:

ANSWER IN THE IMAGE !!

Explanation:

PLS MARK ME AS A BRAINLIST