Books of A 

Journal 

Date 
Particulars 
L.F. 
Debit Amount Rs 
Credit Amount Rs 

2018 





Jan.01 
Bills Receivable A/c 
Dr. 

3,900 


Discount Allowed A/c 
Dr. 

100 


To B 


4,000 


(B’s acceptance received and discount allowed) 










April 04 
B 
Dr. 

4,050 


To Bills Receivable A/c 


3,900 


To Discount Allowed A/c 


100 


To Cash A/c 


50 


(B’s acceptance became dishonoured and Noting charges paid Rs 50) 









Books of B 

Journal 

Date 
Particulars 
L.F. 
Debit Amount Rs 
Credit Amount Rs 

2018 





Jan.01 
A 
Dr. 

4,000 


To Bills Payable A/c 


3,900 


To Discount Received A/c 


100 


(Bill drawn by A was accepted and discount was received from him) 










April 04 
Bills payable A/c 
Dr. 

3,900 


Discount Received A/c 
Dr. 

100 


Noting Charges A/c 
Dr. 

50 


To A 


4,050 


(Bills Payable dishonoured ) 








