Question

vi aru D.
22. A receives three bills from B dated 1st January, 2016 for 1000 each payable after one month
two months and three months respectively. He endorses bill payable after one months to Cini
full and final settlement of C's claim for 980. Bill payable after two months is discounted with
the bank for 950. Bill payable after three months is sent to bank for collection.
Pass journal entries in the books of A, assuming -
(1) Bills are paid on maturity; and
(ii) Bills are dishonoured and noting charges amounted to 7 50.​

Answer 1

Explanation:

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Answer 2

Answer:

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