Saurabh owes Sujal ` 48,000 on 21st December, 2019, Saurabh accepts a three months
bill for ` 43,600 in full settlement. On the due date the bill is dishonored by Saurabh and Sujal paid
noting charges ` 400. Give journal entries in the books of Saurabh and Sujal. Also prepare
Saurabhs‟ A/c in the books of Sujal and Sujal‟s Account in the books of Saurabh.
Answers
Explanation:
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