Ashok draws on Brij three Bills of Exchange for ₹ 5,000, ₹ 4,000 and ₹ 3,000 respectively for goods sold to him on 1st February, 2019. these bills was endorsed to hus creditor Chand.the second bill was discounted @ 12% p.a. with bank on 4th February , 2019 and the thrid bill was sent to bank for collection on 30th April. on the due dates , all the bills were met by Brij. the bank sent the collection advice for the third after deducting ₹ 25 as collection charges.
Pass the journal entries in the books in the bools of Ashol and Brij. (Ignore GST)