Question

Tenure (Period)
M20) 25th January, 2018; (v) 1st Oct
Date of Bill
60 Days
(i) 1st December, 2017
2 Months
(ii) 30th April
, 2018
1 Month
(iii) 28th January, 2018
2 Months
(iv) 23rd November, 2017
4 Months
(V) 29th May, 2017
2nd Febķuary, 2018; (ii) 3rd July, 2017; (iii) 1st M
B
)ان
ills
TOD
JOB
Retaining the Bill till Due Dateli
2. On 10th March, 2018, A draws on B a bill at 3 months for 20,000 which
immediately and returns to A: The bill is honoured on due date, ved
Pass necessary Journal entries in the books of both the parties.
3. On 1st January, 2018, A sold goods to B for 5,000 plus IGST @ 18%. A receiv
cheque from B and drew on him a bill for the balance amount payable 3 month
The bill was duly accepted by B. A retained the bill till due date. On due date, the !
Pass Journal entries in the books of A and B. Also, show necessary accounts
of hoth the ne​

Answer 1

Answer:

nskbsidbshdjdgsjsidhxhdiudhfdj