Give the Joural entries for the following
(a) B's acceptance to us for ₹ 1,000 due this day, renewed at his request for 3 months with interset @ 6% P.a.
(b) Our bill to Chandra for ₹ 5,000 reneward for 2 months with interest @ 6% p.a.
( c) B's acceptance of ₹ 3,000 is discharged on his paying us cash ₹ 1,000 and accepting a fresh bill for the balance with interest ₹ 100.

Find the banker's discount at a bill of 12750 due four months hence when rate of interest is 6% per annum.

How will you record the following of transactions in the books of Kapadai ? (a) A bill received from Dalpat for ₹ 1000 has to be renewad, Dalpat agress to pay ₹ 20 as interset. (b) Swamy's bill for ₹ 800 endorsed in favour of Ghosh dishonoured, Ghosh pays ₹ 10 as noting charges. Swamy pays ₹ 300 immediately and agrss to accept a new bill for 3 months for the balance together with together withg interest at 6% p.a. Ghosh's Accont is settled by cheque.

Record necessary Journal entries in the following cases : (a) Creditors worth ₹ 85,000 accepted ₹ 40,000 as cash and investment worth ₹ 43, 000 in full settlement of their claim . (b) Creditors were ₹ 16,000 . They accepted Machinery valued at ₹ 18,000 in settlement of their claim. (c) Creditors were ₹ 90,000 . They accepted Building valued at ₹ 1,20,000 and paid cash to the firm 30,000.

A partner withdraws Rs.8,000 each on 1st April and 1st Oct. Interest on his drawings @6% p.a. on 31st on March will be :

Ashok lent out Rs. 7,000 at 6% and Rs. 9,500 at 5%. Find his total income from the interest in 3 years.

A drew upon B a bill for ₹ 60,000 at 2 months and B returned the bill duly accepted on 1st January , 2019. A discounted the bill with bank @ 15% p.a. Before the bill was due for payment, B informed A that he was not able to pay the full amount and requested A to accept ₹ 20,000 immediatelyj and draw upon hum another bill for the balance amount for 2 mounts along with interset @ 18% p.a. A agredd. the second bill was duly met. give the journal entries in the books of both A and B.

A sold goods to B 1st september , 2018 for ₹ 16,000. B immediately accepted a 3 months bill. On the due date , B requested that the bill be renewed for a further period of 2 months. A agreed provided interset at 9% p.a. wa paid immediately in cash. To this B was agreeable. make the necessary Journal entries to record these transactions in the books of both A and B.

On 1st January , 2019 A draws a bill in B for ₹ 1,000 payable after 3 months. Immediately after its acceptance, A sends the bill to his bank for collection. On the due date, the bill was dishonourd . Record the transactions in the Journals of A and B.