Question

parties.
ENDORSEMENT OF A BILL
7. Ram sells goods to Sham for 3,200 plus CGST and SGST @ 6% each on 3rd January,
2020. On the same day, Ram draws and Sham accepts a four month's bill for the amount
On 4th January, Ram purchased goods from Kushan for 4,000 plus CGST and SGST @
6% each and endorsed Sham's acceptance to him and paid the balance in cash. Sham
honours the bill on the due date.​

Answer 1

Answer:

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