Accountancy, asked by vchandola8207, 1 year ago

Y owes X ₹ 4,000. On 1st January, 2017, Y accepts a 3 months bill for ₹ 3,900 in satisfaction of his full claim. On the same date, it was endorsed by X to Z in satisfaction of his claim of ₹ 3,980. The bill is dishonoured on the due date. Give the Journal entries in the books of X.

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Answered by jgdevipriya200154

13

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the answer is given in the picture just above

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