Question

Pallavi sold goods of 5,000 to Vandana at 10% Trade discount on 16th
Feb. 2019.
On the same day Vandana accepted a bill drawn on her for the amount
due for 3 months.
Pallavi endorsed the bill to her creditor Purva on 18th Feb. 2019.
Give journal entries in the books of Pallavi, Vandana and Purva for the
following:
a) Bill was dihonoured on the due date and noting charges paid by
Purva 500.​

Answer 1

Answer:

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Explanation:

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