Solve the following questions from 7 to 10 properly

Dear Student,

The solution for Q.9 is given below. For the remaining questions, please post them in separate threads.
 

Journal In the books of Shyam (drawer)
Date	Particulars		L.F.	Debit Amount (Rs)	Credit Amount (Rs)
1994
Mar 01	Ram’s A/c	Dr.		4,000
	To Sales A/c				4,000
	(Credit sales to Ram)
Mar 01	Bills Receivable A/c	Dr.		4,000
	To Ram’s A/c				4,000
	(Bill received from Ram)
Mar 01	Bank A/c	Dr.		3,920
	Discounting Charges A/c	Dr.		80
	To Bills Receivable A/c				4,000
	(Bill discounted from bank @ 12% p.a. for 2 months)

 

Journal In the books of Ram (drawee)
Date	Particulars		L.F.	Debit Amount (Rs)	Credit Amount (Rs)
1994
Mar 01	Purchases A/c	Dr.		4,000
	To Shyam’s A/c				4,000
	(Credit purchases from Shyam)
Mar 01	Shyam’s A/c	Dr.		4,000
	To Bills Payable A/c				4,000
	(Bill accepted)
May 04	Bills Payable A/c	Dr.		4,000
	To Cash A/c				4,000
	(Paid against bill)