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Rama sold goods to Krishna for Rs . 6 , 0 0 0 on 1 - 1 - 8 6 . On the same dBombay,
Rama sold goods to Krishna for Rs on On the same dBombay,
BCom. bills on Krishna; the first bill for Rs at mon. Ons, the same day, he drew three months and the third for Rs at months. Ksths the second for Rs at The first bill was endorsed by Rama to Arjuna. The second and the third bills were discounted in the bank for Rs and Rs respectively.
The third bill was dishonoured on the due date and noting charges paid amounted to Rs A fresh bill was drawn on Krishna for Rsincluding interest Rs for Rs months. It was retired under rebate of Rs before the due date. Show journal entries in the books of Rama, Krishna and Arjuna.
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