Kaveri sold goods to Ganga worth Rs. 4,000 to Ganga. On the next day Ganga paid Rs. 1,000 in cash and accepted 4 months bill for balance amount drawn by Kaveri. Kaveri discounted the bill at 10% p.a. after one month with her bank. On due date Ganga dishonoured her acceptance and noting charges amounted to Rs. 20. Ganga paid half the amount of the bill and full amount of noting charges. Ganga accepted a new bill at 2 months for the balance amount plus interest Rs. 100. Pass necessary journal entries in the books of Kaveri.

Date	Particulars	LF	Debit (Rs)	Credit (Rs)
? 1	Ganga's A/c ..... Dr.		4000
	To Sales A/c			4000
	[Being the goods are sold]
2	Cash A/c ... ..... Dr.		1000
	To Ganga's A/c			1000
	[Being the part payment is made]
3	Bills receivable A/c ..... Dr.		3000
	To Ganga's A/c			3000
	[Being the bill is drawn for balance amount]
4	Bank A/c ..... Dr.		2925
	Discount A/c ..... Dr.		75
	To Bills Receivable A/c			3000
	[Being the bill is discounted]
5	Ganga's A/c ..... Dr.		3020
	To Bank A/c			3020
	[Being the discounted bill is dishonoured along with noting charges]
6	Ganga's A/c ..... Dr.		100
	To Interest A/c			100
	[Being the interest is charged]
7	Bank A/c ..... Dr.		1520
	To Ganga's A/c			1520
	[Being the part payment is made along with noting charged]
8	Bills receivable A/c ..... Dr.		1600
	To Ganga's A/c			1600
	[Being the new bill is drawn along with interest]