Journal
in the books of Amar (Drawer)


Date

Particulars

L.F.

Debit
Amount
(₹)

Credit
Amount
(₹)








Bhola’s A/c 
Dr.

11,800




To Sales A/c 


10,000



To Output CGST A/c 


900



To Output SGST A/c 


900



(Goods sold to Bhola) 










Cash A/c 
Dr.

1,800




Bills Receivable A/c 
Dr.

10,000




To Bhola’s A/c 


11,800



(Cash and bill received) 










Bank A/c 
Dr.

9,850




Discounting Charges A/c 
Dr.

150




To Bills Receivable A/c 


10,000



(Bill discounted) 










Bhola’s A/c 
Dr.

10,100




To Bank A/c 


10,100



(Bill dishonoured) 










Bhola’s A/c 
Dr.

150




To Interest A/c 


150



(Interest due) 










Bills Receivable A/c 
Dr.

10,250




To Bhola’s A/c 


10,250



(New bill received) 










Cash A/c 
Dr.

10,250




To Bills Receivable A/c 


10,250



(New bill met on maturity) 








Journal
in the books of Bhola (Drawee)


Date

Particulars

L.F.

Debit
Amount
(₹)

Credit
Amount
(₹)








Purchases A/c 
Dr.

10,000




Input CGST A/c 
Dr.

900




Input SGST A/c 
Dr.

900




To Amar’s A/c 


11,800



(Goods purchased from Amar) 










Amar’s A/c 
Dr.

11,800




To Bills Payable A/c 
Dr.


10,000



To Cash A/c 


1,800



(Cash paid and bill accepted) 










Bills Payable A/c 
Dr.

10,000




Noting Charges A/c 
Dr.

100




To Cash A/c 


10,100



(Bill dishonoured) 










Interest A/c 
Dr.

150




To Amar’s A/c 


150



(Interest due) 










Amar’s A/c 
Dr.

10,250




To Bills Payable A/c 


10,250



(New bill accepted) 










Bills Payable A/c 
Dr.

10,250




To Cash A/c 


10,250



(New bill met on maturity) 


