The Total solution for NCERT class 6-12
Books of Tanu
Journal
Date
Particulars
L.F.
Debit ₹
Credit₹
2017
01 Jan
Bills Receivable A/c
Dr.
10,000
To Harsh
(Harsh’s acceptance received)
Bank A/c
9,933
Discount A/c
67
To Bills Receivable A/c
(Harsh’s acceptance discounted at 8% p.a.
for one month)
04 Feb
Harsha
To Bank A/c
(Harsh’s account settled by paying amount
due to Harsh through cheque)
Books of Harsh
Tanu
To Bills Payable A/c
(Bill drawn by Tanu accepted)
To Tanu
(Cheque received from Tanu)
Bills Payable A/c
(Bill drawn by Tanu met on due date)