Rakesh draws a bill on Bhavesh for ₹ 20,000 on 4th september, 2018 payable after 4 months. Rakesh discounts the bill with the bank @ 12% p.a on 7 th October. The bill is dishonoured on the due date. Pass the necessary Journal entries in the books of Rakesh and Bhavesh if the bank ₹ 300 as noting charges ( Ignore GST)

Anupam draws a bill on Bhanu for ₹ 20,000 on 10th January m 2019 for three months. Bhanu accepts the bill on 11th janunry, 2019 and returns the same to Anupam anupam endorsed the bill to Chaman endorsed it to Dewan on the same date . Dewan discounted the bill with hus bank @ 12% p.a. on 14th February. on the due date , the bill is dishonoured and noting charges paid by bank were ₹ 600. pass the necessary journal entries in the bools of all the parties ( except bank) assuming that the bill is taken up and paid by Anupam to Dewan's bank on dishonour.

On 1st , 2019 A drew a bill for ₹ 5,000 on B payable after 3 months. A discounted it with the Bank for ₹ 4,850. on maturity , B failed to pay the amount of his acceptance and the bank had to pay ₹ 50 as noting charges. Pass the necessary Journal entries in the books of A and B.

Ram draws a bill ₹ 2,000 on Shyam on 15th September , 2018 for 3 months . On maturity, shyam failed to honour the bill. Pass the necessary Journal entries in the books of Ram and Shyam.

Dinesh received from Shridhar an acceptance for ₹ 3,000 on 1st September, 2018 at 3 months. Dinesh got the acceptance discounted at 9% p.a. from his bank . On the due date, Shridhar paid the required amount. Give the Journal entries in the books of Dinesh and Shridhar.

Asha sold goods worth Rs 19,000 to Nisha on March 02, 2017. Rs 4,000 were paid by Nisha immediately and for the balance she accepted a bill of exchange drawn upon her by Asha payable after three months. Asha discounted the bill immediately with her bank. On the due date Nisha dishonoured the bill and the bank paid Rs 30 as noting charges. Record the necessary journal entries in the books of Asha and Nisha.

A sells goods of ₹ 10,000 on 1st March, 2019 to B on credit. B accepts a bill on the same date for the amount payable three months after date. A discounts the bill at 6% p.a. from bank on 4th April.On maturity, the bill is met by B. Pass the necessary Journal entries in the books of both the parties.

Prakash received from Mohan an acceptance for ₹ 30,000 on 1st july, 2019 at 3 months. Prakash got this acceptance discounted @ 12% p.a. at his bank. On the due date, Mohan paid the required amount. Give the journal entries in the books of Prakash and Mohan (Ignore GST).

On 1st January, 2019, Amrit sold goods to Bhanu for ₹ 50,000 and on the same day drew upon him a bill at 3 months fot he amount. Bhanu accepted the bill and returned it to Amrit. On 4th January , 2019 Amrit discounted the bill with his bank at ₹ 49,000. on the due date, the bill was dishonoued and bank paid ₹ 1,000 as noting chares. Pass the neccessary Journal entries in the books of Amrit and Bhanu.

Mohan singh draws a bill on Jagat for ₹ 1,000 payable 2 month s after date. Immediately after its acceptance, Mohan Singh sends to his the bill to his bank for collection. On due date, bank gets the payment. Make the entries in the books of all the parties.

A bill of Rs. 1,800 drawn on 10th September, 2010 at 6 months was discounted for Rs. 1,782 at a bank. If the rate of interest was 5% per annum, on what date was the bill discounted ?