Answer 47 fast

Answer 47 fast : Interest Amount Q. 40. Nlanohar dress bill ofeschange on Pushkar. his debtor. for March 2016 months. Pushkar accepted the same and returned it to Manohar endorsed the bill to "'adu on 1st April 2016 Ihr a debt Of equal discounted the bank at p a. on 1st May 2016. on theduc dishonoured (Noting charges amounted to 100). Show the journal entries in the books of (h) Drawee Acceptor, and (c) Endorsee Q. 4 On 1st January 2017. llan drew on Gopal. who is his debtor three bills of exchange • First IOr C at one ntontll, Second for months and third for t 25.000 at three ntonths. Gopal accepted all the three On Sth Januao 2017. I lari endorsed the first bill to his creditor Satish settlement of his account of 15.200. 'Illis bill was duly met on matunly On 1st Februar> 2017. the second hill "as discounted from the bank@ This bill dishonoured on the due date and bank paid 120 as noting charges Gopal 's request. I lari drew a fourth bill on Gopal for 2 months for the amountdkpk interest (g p a. bill paid under a rebate of 12% p.a. one month before maunty fourth bill was sent to bank for collection on 4th May 2017 and '*as duly matunty Pass Journal entries in the books of Hari, Gopal and Satish. Q. 48. Harpal sold goods to Sompal for e 12.000. Sompal accepted threehllsvf exchange. the first for ? 5.000 at one month, the second for at two monti«rk the third for 0.000 at three months. Hamal endorsed the first bill to Rajpal TT*ffi bill was dishonoured. Rajpal paid 00 as noting charges. Harpal charged interest and drew on Sompal a fourth bill for The second bill dishonoured. noting charges paid being e 25. Vlarpal charged 050 as interest" accepted e 2.175 in cash and drew a fifth bill for 0.000. The bill was Enid ondxue The third and fourth bills uere also met. Pass Journal entries in the books of Hamal and prepare Sompal's Accost Harpal's Ledger. Accomodation Bills Q. 49. Ritesh and Naina were in need of funds temporarily. On August Ritesh drew upon Naina a bill for 02.000 for 4 months. Naina accepted the btllß returned it to Ritesh. Ritesh discounted the bill @ 8% p.a. Half an10LJ1t red discounted bill was remitted to Naina. On due date. Ritesh sent the requi Naina, who met the bill. Journalise the transactions in the books of both the