Ashok sold goods Rs 14,000 t Bishan on October 30,2016 and drew three bills for Rs 2,000, Rs 4,000 & Rs 8,000 payable after two, three, and four months respectively. The first bill was kept by Ashok with him till maturity. He endorsed the second bill in favour of his creditor Chetan. The third bill was discounted on December 03,2016 at 12% p.a. The first and second bills were duly met on maturity but the third bill was dishonoured and the bank paid Rs 50 as noting charges. On March 03,2017 Bishan paid Rs 4,000 and noting charges in the cash and accepted a new bill at two months after date for the balance plus interest Rs 100 The new bill was met on maturity by Bishan. You are required to give the journal entries in the books of both Ashok ans Bishan and prepare Bishan's account in Ashok's books and Ashok's account in Bishan's books.