Bid of EEhonge

Mr Nikhil

A Rite

T.F.at
If
Fm Karan

original

money
photoldy
s

Kavant

LET
 Seller Buyer
Nikhil Karan
7

Planttake
Ide
payment
Recived from BI amahai
BYE kid
AII
Parties it Bills of Echange
BIR
seller of goods create the Bill Drower

Buyer of goods Acceptsthe Bill Acceptor

prowee
BIP

selles Buyer
Drower Davie Acceptor
MYO
Endement of Bill

Refute Mehulsir
Nikhil
1207 15.000
Before
me

my
Duedate
3M

1M
date
15,000

Feb Money isReg

m.FI
Acceptor of Bill Prior Due date payment

Rebated

Discounting of Bill
Metal sir
NI
forEarlyPaymet

tg
1Rd

MAY
181hm
 t.AM Journal entries

DEwen seller mr.AT

Acer Her MRD

Soldgoods worth 50,000 Purgoods worth 50,000

to Mr B on credit from Mr A on credit
Debtor wet
Mr.BA c Dr 50,000 Purdle Dr 50,000
to sales 50,000 Mr A 50,000
creditor
Int et
Bill Drown on Mr B Accepts the Bill Drown
by Mr A
Bills Reciable all Dr 50K Mr A Dr 50K
Mr B 50k to BillsPayoffe 5014

on Due date on Due date

a Bill honoured A Bill honoured
Bank all Dr 50K BillsPayable Dr 50k
to BillsReciable 50K to Bank 50K
161 Bill Dishonoured Bill Dishonoured

Mr B Dr 50K Bill Payoffe Dr 5014

ToBills Reciable 50k to Mr A 50k

Seller MIA Buyer MRI

Hold the Bill till maturity

Endorse the bill
Rebate Before Duedate Acceptor honourthe Bill
Before Due date getthe
Distounting withBaek
Bill distorted from Buds

BSFC
Renewal of Bill
 Accomodation of Bill

endorsement

Holder of Bill gave his Bills Reciable to

the creditor
as due date creditor will demand payment
from Acceptor
This Bill son be honoured or dishonoured

seller Drower Buyer Alceptor

MRI MRI

to
creator iii
iii
ME

MY A MVB MAC
Bill Drown Bill Aclepted

BB 100 MrA 100

 to MRB 100 To BIP 100

Bill endorsed Bill Reibelfrom

to Mr C Debtor Mr A
BIR AN er
BIR A Dr
er Lt Dr A 18
Dr
MTC 100 BIR 100
75 BIR 100 75 Mr A 100

on Due date on due date

Bill honoured a
Bill honoured
B PAL Dr BIR A Cr

Cosh A 18 Com A D8

BIP 100 Cash 100

x̅ Cash 100 To BIR 100

ondue date on duedate on due date

Bill Dishonour Bill Dishonour 1 Bill Dishonour

mr.BA E iDr BIP L D8 BIR A er

Mrc fact er Mr A 189 a Mr A Dr D8

Mr.B 100 B P 100 MRA 100

Tomric 100 I Mr A 100 to BIR 100
 Rebate
Drower MRA Acceptor Mr B

T.fi mt

I 1 I buedate

CallsMoney

Mr A Mr.B

Bill Drown Bill Accepted

BIR 10,000 Mr A 10,000

Mr B 10,000 to Blp 10,000

Beforeduedate Bill Distorted Beforeduedate Bill Distorted

under Rebate 121pA under Rebate
Cash AT Dr coth A Cr
Distant EXPT Dr Discount earn 29 Cr
BIR A Cr BIP L Dr

Chalo 9800 BIP 10,000

Distount Rebate 200 to smh 9800
 70 Distant 200
To BLR 10,000

Amt Bill Amt

Fox Ift
Rebate

10,000 1
04

200

Back
with
Discounting
Mt B
Drawer Acceptor

EE
 MVA MRB HDFIIE.es
Drower Acceptor
Bill Drown Bill Accepted
BIR 10,000 Mr A 10,000
to MTB 10,000 to BIP 10,000

Bill Discounted Bill Disintal

WithBank Dis 200 with DDofRs 200
Bayd MA D8 Bunk A a r

Dis EXP D8 Distant 2 Cr

BIR A Cr BIR AT D8

Boys 9800 BIR 16,000

Distort 200 to Boys 9800
70 B R 10,000 70Distort 200

on Due date on Due date on Due date

Bill honoured Bill honoured Bill honoured

BIP L Dr Buys A Dr
BUKA Cr
BIRA 18

BIP 10,000 Bank 10,000

75 Buya 10,000 to BIR 10,000
ondue date ondue date ondue date
Bill Dishonoured Bill Dishonoured Bill Dishonoured
Mr B TA Dr BIP.LI Dr A Dr
Cr Cs
Burk LA cr IR A Cr

Bans Bal Dr
Mr B 10,000 BIP 10,000
70Bank 10,000 70 Mr A 10,000 Bank 10,000
75 BIR 10,008

Of Mr A Drow a Bill worth 50,000 on Mr B

the Bill was Endorsed by Mr A to Mr C
on due date Bill was Dishonoured

G Mr Drow Bill worth 70,000 on Mr g Payable

after 5 months 2 Months before maturity Mrx

Discounted Bill with Boys 121 PA
on due date bill was Dishonoured
Sot Homework

Journal in the Books of Mr.A

Date Particulars LF Amt D8 Amt 18

BillsReliableak D8 50,000
75 Mr.B's all 50.000

Being bill Drown

Mrc's all D8 50,000

x̅ BillsReciobleace 50.000

Being bill endorsedto

creditor C

MrB's all Dr 50,000

To Mr C's all 50,000

Being endorsed bill

Dishonour
 Journal in the Books of B
Date Particulars LF Amt D8 Amt 18

MVA's all D8 50,000

To Bills Payoffeate 50.000

Being bill Accepted

Bills payobleak Dr 50,000

To Mr A'sale 50.000

Being bill Dishonoured

Journal in Booksof Mr C

Bills Reciable Dr 58.000

Mr A 50,000
i

Being Bill Received

from Deftor

Mr A Dr 50,000
Bills Reciable 50,000
 Being endorsed bill
Dishonoured

G Mr Drow Bill worth 70,000 on Mr g Payable

after 5 months 2 Months before maturity Mrx

Discounted Bill with Boys 121 PA
on due date bill was Dishonoured
1 MAY
4 21262 Bar

OBIR 70,000 70.000 α

7 BIP 70,000
If 70,000

Back 68 too BIR 70,000

Did 70,000 40 4 1400 to BMI 68600

7 BIR 70,000 2001 1400

Boys
Mr
Y 70,000 BLP 70,000 70,000
ToBunk 70,000 70,000 7oBIR 70k
 n

charges
noting Dishonor
Mr Austin Sir
Madhlir
Dishonour on Any
FEPY tech ground

If

Knowloblepersonf

io Noting charge Dishonour ke case main

agega
Recording
Holdraf
Drones Acceptor
Bill
Endorsement
WaliParty
Notingchanges Dr
To Bank As he paythe Debitas exp of
Noting changes Acceptor
 1 Mr A Drow bill worth 501000 on Mry
on due date Bill was Dishonoured with noting
charges of Rs 500

Mr A Mr Y
BB 50,000 Mr A 50,000
To 50,000 To Blp 50,000
mry

I 50,000 500 BIP 50,000

ToBLR 50,000 Notingchanges 500

70Back 500 70A 50,000 500

of Mr A bill worth 501000 on Mry

Drow
Mr A Endorsed the Bill to Mr C
on due date Bill was Dishonoured with noting
charges of Rs 500

A Y C
O DIR 50K A 50k x
to 50K ToBIP 50K
y
 C 50K BIR 50K
to BLR 50K ToMRA 50K

4 so BIP 50,000 MRA 50k 500

To 50,500 Nic 500 ToBIR 50k

70MrA 50,500 70Boys 500

760
ofBill
Renewal
came in Picture when old Bill is
Dishonoured

cancelled

MERK MIKE jaan

4 04 2024 Duedate
18h
2024
Dishonft
121
Renew for 2Months
 I 1 1 1 1
BR confell
BR2 Refer new Bill
create

Fritchge
interest for 2Months

SRK Bhaijaam
Bill created worth 1100,000 Bill Alcepted worth 1.00.000

BIR 1,001000 SRK 1.00.000

to Bhaijaan 1100,000 To BIP 1.00.000

Bill was Renewed Bill was Renewed

a old Bill contelled as old Bill cancelled

Bhaijam 1.00.000 BP 1100,000

7 BR 100,000 To SRK 100,000
New Bill created with b New Bill Accepted with
int of RS 1,000 int of RS 1,000
BR2 1101,000 SRK 1100,000
to Bhajjaan 1.00.000 int 1,000
 To intreeived 1,000 to BPL 101,000

08 08

BR 2 1101,000 BP 1 00,000
to BR 1,001000 int 1,000
to int 1.000 To BPz 1101,000

HoneWI

int a
1 1 11 it jint

Twoldbill concell

Bill 1,061000
got 1590
 vijay Pritam

Pritam 1.061000 Parak 1.06.000

to sales 1 06,000 T Vijay 1.06.000

BIR 1.06.000 Vijay 1.06.00

To Pritam 1,061000 To BIP 7.06.000

Pritam 1.06.000 BP 1.06.000

To BR 1,061000 To Vijay 1,061000

Boys 1590 Vijay 1.06.000

BR 2 1,06000 int Paid 1590
To Pritam 1,061000 Boys 1590
To int Relived 1590 To BP 1.06.000
Combine Entry

Bulk 1590
BR2 1,061000

to BR 1106.000
To int Reid 1590
 Boys 1.06.000 BPz 1.06.000
To BR 2 1,061000 To Bark 1.06.000

Collection

for
sent
Bill

Nikhil Indore vanslika progry up

10,000

I
I
Indore
FEEL an
Progry

Missvanshika Accepts a Bill worth 10,000 Drawn

by Mr for 3 Months on due date

Nikhil
Mr Nikhil sent it to Bark for collection
on due data
 a Bill honoured
6 Bill Dishonoured with noting charges ofRS 500

Mr Nikhil missvanshika
BR 10,000 Nikhil 10,000
To vanthika 10,000 to BP 10,000

Bill sent for collection

Bill sent forCollection 10,000

To Bill Reciable 10,000

Bill honour Bill Honour

Bank 101000 BIP 10,000

to Bill sentforColletion 10,00 To Bark 10,000

Bill Dishonour with Nic Bill Dishonorwithne

vanshika 10,500 BIP 10,000
70 Bsfc 10,000 NC 500

To Bayc 500 To Nikhil 10,500

 A
of
vomy
2m50
Mr A Mr.B

5H
Beforeduedate Mr B become insolvent
and able to Pay 30 Paisa in a Rupee

A will get B will pay

Bill 501000 Bill as 50,000
Recoverable 15,000 Payable 15,000
501000 3
0

3 00 35.000
Edits Itemization

BR 6.180

1 4,0911B 3090
 David

1.1.2022 BillsReciable D8 6,000

Bills Reciable 2 Dr 10.000
To Thomas 16.000
C
4.3.2022 Thomosak Dr 6,000
Bills Reciable 6,000
Being bill cancelled
4.3.2022 Bills Reciable Dr 6,180
To Thomas 6,000
To intrestRecited 180

BeingbillRenewedwithint
20.3.2022 Boys Dr 9,900
Distant Dr 100

BillsRecibllez 10,000
Being BillRetire UnderRebate
7.05.2022 Bank all D8 3,090
Baddebts all D8 3,090
To Bills Recioble 6,180

Beingbill Dishonordue
Insolvencyand 50P.inarupee is Recovered
 Thomas

112022 David D8 16,000

70 Billspayable 6,000
To Bills Payable 10,000

4.3.2022 Billspayable Dr 6,000

To David 6,000
4 3 2022 Dovid Dr 6,000
intrest Dr 180
I BP3 6,180
22.3.2022 BP2 Dr 10,000
to Baye 9,900
10 Did out 100

7.5.2022 Bills Payable 6,180

x̅ Bunk 3,090
70 Deficiency 3,090
Renewed Bill old Bill 6,000
a int for2M 6.000 1
0

Brs

BIP

soI
Rita at Simran

using
BI
1M
Bas
is
 Simran Rita
loct BIR 100,000 lost Simon 1,001000

to Rita 1,001000 IB P 1,001000

3Gt Back 99,000 But

Discant 1.000
To BR 1100,000

Rita 1100,000 BP 1.00.000

75 Bank 1100.000 70 Simron 100,000

Being old DIR

concessielled Being old BP concontall due
andpayoutdone to Boys to Renewal

Buns 51,500 Simran 1,001000

R2 50,000 Ant 1,500

To Rita 1,001000 20 Bark 51500
70 int 1500 to BP2 50,000

Bank 20,000 BP2 50,000

Boddebts 301000 To Boys 20.000
to BRz 50,000 70Deficiency 30,000
AI AI
501000
Rita BP 50k
To BR 521000 To Simran 50k

Boys 201000
Simran 50k
Buddebts 30.000
to Bulk 20K
to Rita 501000 70 Deficiency 30K

working Note
of Renewal 1.00.000

L s
cash 501000 50,000
ant 1505
cash Received

by simran Im
Int 50,000
foot
1500
 ofBill
Accommodation

n n

u u u

601000 40,000

Body stiffs

III
Hight Egg 1100.000
street 4
Bodmin 9 0

BANK
 30,000 a
22 T.ae
i

Timson diffff

Y
Bill Drown Bill Accepted

BR 30,000 30,000
to y 30,000 BP 30,000

Bill Discounted with Boys Bill Discounted with Boys

Boys 28,800
Distant 1,200
 To BR 30,000

Remitence Relivedfrom
Renitence sat to y
Y 101000 Boys 9600
Bank 9600 Distort 400
to Discort 400 to 10,000

New Bill Accepted New Bill Drown

y 421000 BR2 42,000
TO BP2 42.000 70 43,000

Bill Discountedwith Boys Bill Discountedwith Baya

Buys 40110

Dis 1890
75 BRz 42,000

Honourthe old Bill Honourthe old Bill

BP 30,000
30,000
To Bay
Remitence Relivedfriend Remitence set to
Boys 6740 8,000
Discant 1260 20 Bok 6740
 To 20 Discat 1260
Y 8,000
Bill Dishonour due to Bill Dishonourand Aut
in solvency of needto pay to Boysdue
to
Discounting
BP 43,000 42,000
to 42.000 to Bulk 42,000
y
final settlement final settlement
4 28,000 Boys 14,000
to Boys 14.000 Boddefts 14,000
To Deficiency 14,000 75 R 28,000

workingNate L
uross Distant Net
Discating 30,000 1200 28800
Remitence 10,000 2.400 9600

12 28
 2 9600

n 5
120025

400

working Note 2

cross Discout Net

Disiating 42.000 1890 40110
Renitence 281000 2 1260 6740
201000

final settlement
Anf
n 2 4 1890

1260

2.00.000
R
PR.fiIe
L
 BIP
101

R P
BR 2.00.000 R 2.00.000
To BP
IP 2.00.000 2.00.000

Back 188,000
Dis 12.000
To BR 2,001000

no
P 86,000 13044 75,200
7520nA DIS 4800
x̅ Buk
To Discount 4808 to R 80,000

P 2.50.000 BR 2.80.000
To BP 2 50,000 To R 2 50,000
 Buys 2.36.250
Did 13750
To BR2 2,501000

BP 2.00.000

To Boys 2.00.000

Bunk 56700 R 66984

Dis 10284 70 Back 56700
Top 66984 To Distort 10284

BPz 2 50,000 R 2,501000

To P 2 50,000 To Baya 2.50.000

P 186984 Boys sot

To Bulk 50 Boddefts 507

To Deficiency 507 ER 1186,984

tocheck

final settlement Ant Bill R R2

217B Gross Part 2.00.000 80,000 66984
 working Note
I

n D Net
Discouting I 2,001000 12.000 1.88.000
4800
Remitene 200 2 75200

5 14 8
n 4800

working Note 2
D Net
Disiating a 2 50,000 13750 2.36.250
Remitensic 984 n 56700
1.20.000

10284
Bill Remitesse

final gross
settlement
Amt

Prepare Ledger of P in Books of R

11 R in Books of P
 3
T's AK R's All
7oBM 75200 ByBIR 2.00.000
Dis 4800
ByBuy 56700
10BPz 250,000 BYDid 10284
70Bok 93492 BY BP 2,501000
ToDelic
 colept of Dides

E Bill created on 12m 2024 for 3 Months

maturity Date

DD MM YY
Bill date 01 01 24
3Months 3
01 04 24
3days of gaze 3
04 04 2024

E Bill created on 12m 2024 for 2 Months

maturity Date

DD MM YY
Bill date 01 01 24
3Months I
01 3 24
3days of gaze 3
4 3 24
E Bill created on 31 Jan 2024 for one month

D M
Y
31 01 24
I
29 02 24

3 324