Date

Particulars

LF

Debit
(Rs)

Credit
(Rs)

1.1.88

Bills Receivable A/c ....Dr.


6000



To Lata's A/c



6000


[Being the bill is drawn]




4.1.88

Bank A/c ....Dr.


5850



Discount A/c ....Dr.


150



To Bills Receivable A/c



6000


[Being the bill is discounted]




4.3.88

Lata's A/c ....Dr.


6000



To Bank A/c



6000


[Being the Discounted bill is dishonoured]




4.3.88

Lata's A/c ....Dr.


100



To Interest A/c



100


[Being the Interest is Charged]




4.3.88

Bills Receivable A/c ....Dr.


6100



To Lata's A/c



6400


[Being the new bill is drawn along with interest]




7.4.88

Bank A/c ....Dr.


6100



To Bills Receivable A/c



6100


[Being the new bill is duly honoured]




Date

Particulars

J
F

Amount

Date

Particulars

J
F

Amount

1.1.88

To Bills Payable A/c


6000

1.1.88

By Balance b/d


6000

4.3.88

To Bills Payable A/c


6100

4.3.88

By Bills Payable A/c


6000





4.3.88

By Interest A/c






12100




12100
