Use app×
Join Bloom Tuition
One on One Online Tuition
JEE MAIN 2025 Foundation Course
NEET 2025 Foundation Course
CLASS 12 FOUNDATION COURSE
CLASS 10 FOUNDATION COURSE
CLASS 9 FOUNDATION COURSE
CLASS 8 FOUNDATION COURSE
0 votes
5.8k views
in Accounts by (49.4k points)

Vishal sold goods for Rs. 7,000 to Manju on Jan 05, 2006 and drew upon her a bill of exchange payable after 2 months. Manju accepted Visha’s draft and handed over the same to Vishal after acceptance. Vishal immediately discounted the bill with his bank @ 12%p.a. on the due date Manju met her acceptance. 

Journa’ise the above transactions in the books of Vishal and Manju.

1 Answer

+1 vote
by (53.6k points)
selected by
 
Best answer

Journal Entries in the books of Manju.

Welcome to Sarthaks eConnect: A unique platform where students can interact with teachers/experts/students to get solutions to their queries. Students (upto class 10+2) preparing for All Government Exams, CBSE Board Exam, ICSE Board Exam, State Board Exam, JEE (Mains+Advance) and NEET can ask questions from any subject and get quick answers by subject teachers/ experts/mentors/students.

Categories

...