Sachin draws on Dravid a bill on 01.04.2019 for ₹4,000/3 months which was duly accepted by
Dravid. Dravid returns the bill to Sachin. Sachin discounts it @ 8% p.a..On due date Dravid
expresses inability to pay the bill and requests Sachin to draw a fresh bill which Sachin refuses.
Then Dravid with no choice meets the bill. Draft entries in books of Sachin and Dravid
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