Question

On July 1 2019, Amol draws a bill on Rekha for Rs. 10,000 payable after three months
for goods sold of the same amount. Amol gets the bill discounted with her bank on
August 4, 2019 at a discount of 12% p.a. On due date the bill was dishonoured and
noting charges was paid Rs. 500. Rekha paid Rs. 2500 in cash and requested to
draw another bill on him for the balance amount for 2 months with interest @ 12% p.a.
which Amol did. On due date Rekha became insolvent and his estate paid 40% as first
and final instalment. Give Journal entries in the books of Amol.​

Answer 1

Answer:

"Cheap Thrills" is a song by Australian singer-songwriter Sia from her seventh studio album, This Is Acting (2016). It was written by Sia Furler and Greg Kurstin, while solely produced by Kurstin. An official remix version of "Cheap Thrills" featuring Jamaican singer Sean Paul, and was made available for digital download on 11 February 2016 as the album's second single.[1][2] This version was nominated for the Grammy Award for Best Pop Duo/Group Performance. The song is a "bouncy", "reggae-tinged" synthpop and dancehall song that incorporates "a constant tropical beat and electropop-style synth layers". Paul added his own lyrics to the remix of the song.

Explanation: