on 1st jan jagdish draw a bill for narish of 10000 for 2 months. narish accepted the bill . jagdish give this bill to his creditor sohan. on the due date narish refuses to pay this money. noting charges paid by sohan 100
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on 1st jan jagdish draw a bill for narish of 10000 for 2 months. narish accepted the bill . jagdish give this bill to his creditor sohan. on the due date narish refuses to pay this money. noting charges paid by sohan 100
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Answer:
in the books of draweee
Explanation:
entry no 1 - bill recieveable A/c dr 10,000
to narish A/c 10000
( being bill drawn )
enrtry -2 narish A/c dr 10,000
to bill recieveable A/c 10.000
( being bill dishonour )
entry 3 narish A)c dr 10,100
to Bill recieveable A/c 10.000
to cash A/c 100
being nottings charges paid)