Question

UU
23.
On 1st January, 2012 Amol owes to Anmol Rs.8,000/-. He accepted a bill of exchange for a similar
amount for 2 months. The bill was discounted with bank for Rs.7,900/-. On the due date, the bill was
dishonoured and noting charges of Rs.100/- was paid Amol pays Rs.4,000/- with noting charge and
request Anmol to draw a new bill for the balance with interest of Rs.4,050/- for 2 months. The new
bill was retired after a month at a rebate of Rs. 207-
Pass Journal Entries in the books of Amol and Amol's Alc in the Ledger of Anmol.
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Answer 1

Answer:

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Explanation:

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Answer 2

Answer:

journal our ledger entry