Question

Pass the journal entry for- A bill of exchange of 4,000 (due after one month) discounted from bank for* 3800​​

Answer 1

Explanation:

Bank alc dr 3800

Discount alc dr 200

To bills receivable alc 4000

(Being bill receivable got discounted with bank at a discount

200)

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Answer 2

Answer:

hope it helps you...the 28th April entry is the answer