On 1st January, 2019 , Rolly owed ₹ 50,000 to Polly. On 1st February, he accepted a draft for 3 months drawn on him by Polly for the amount. On the due date, the bill was dishonoured the noting charges being ₹ 500. pass the journal entries in the books of polly in each of the following cases :
(i) Bill is held till maturity by polly.
(ii) Polly endorses the bill in favour of Golly immediately and

(iii) Bill is discounted with the bank at 12% p.a. immediately.