Sunanda draws a bill on Ekta for Rs.2,800 at 3 months. Ekta accepts the bill and returns it to Sunanda. The bill is
sent to bank for collection. On maturity Ekta finds herself unable to make payment of the bill and requests Sunanda
to renew it. Sunanda accepts the proposal on the condition that Ekta should pay Rs.1,400 in cash along with noting
charges of Rs.20 and draw a new bill at 1 month for the balance. These arrangements were carried through.
Afterwards Ekta retired the bill by paying Rs.1,390.
Give journal entries and Ekta's account in the books of Sunanda.
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