On Jan 01, 2006 Neha sold goods for Rs. 20,000 to Muskan and drew upon her a bill of exchange payable after two months. One month before the maturity of the bill Muskan approached Neha to accept the payment against the bill at a rebate @12% p.a. Neha . agreed to the request of Muskan and muskan retired the bill under the agreed rate of rebate. Journalise the above transaction in the books on Neha and Muskan.
