Question

the due date vikram informed Anand that26000 to Anand: Anand drows21,000 on Shalini for 3 monthsand received the balance by a crossedAnand. On the same day Anand8} Shalini owesperiodcheque. The billse turned to2.3was duly accepted andprepare Anands account in the books of shaliniendorsed shalini's acceptance to vikram enshalini dishonoured her acceptance and notingcharges 2280 were paid: Anand then drewa new bill for 1 month on shaling includingdate shalini honoured her acceptance by -- thenoting charges and interest RS. 650.on dueCheque.Give journal entries in books of Anand and shalini​

Answer 1

Answer:

for points

Explanation:

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Answer 2

Answer:

Shalini owes Rs. 26000 to Anand. Anand draws a bill for Rs. 21000 on Shalini for 3

months period & received the balance by a crossed cheque. The bill was duly accepted and

returned to Anand. On the same date Anand endorsed Shalini's acceptance to Vikram. On the

due date Vikram informed Anand that Shalini dishonoured her acceptance and noting charges

Rs. 280 were paid. Anand then draw a new bill for 1 month on Shalini including noting charges

and interest Rs. 650. On the due date Shalini honoured her acceptance by cheque.