Question

Ram draws on Shyam a bill for Rs. 2000 which is duly accepted by Shyam. Show what entries will be passed in the books of Ram and Shyam, if the bill becomes dishonored under each of the following circumstances: (A) If Ram retains the bill till due date. (B). If Bill is discounted with the bank with Rs. 30 as discounting charges. (C) Bill is endorsed to Mohan 03 8 03 03 (D) Bill is sent for collection​

Answer 1

Answer:

2030 shym if bill is your answer