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Records Maintained In The Books As Journ...

Records Maintained In The Books As Journal Entry

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On 1st june 2019, A sold goods at B for ₹250. B gave to A his acceptance payable 1 month after date. Before maturify B requests A to renew it, which A does adding ₹ 10 to the new bill for interest Make the necessary Journal entries to record these transactions in the books of both A and B.