need ASAP

Illustration: On 1st January, 2006, X sells goods to Y for Rs. 8,000 and draws four bills of exchange on him. The first for Rs.1,500 for one month, the second for Rs.1,000 for 2 months, the third for Rs.2,000 for 3 months and the fourth for Rs.3,500 for 4 months. Y accepts and returns these bills to X. The second bill is discounted with the bank at 12% p.a. on 4th January, 2006 and on the same date the third bill is endorsed by X to his 230 creditor Z. The fourth bill is sent to the bank for collection on 10th January, 2006. Pass journal entries in the book of X and Y assuming that all bills are met on their due dates