are recorded in bill receivable and bills payable book along with postings in the ledger accounts. (i) Jan. Received from S. Mitra bill duly accepted for Rs.
, , dated January , payable three months after date. (ii) Jan. Accepted S. Warden’s draft for Rs.
, , at two months. (iii) Jan. Pradhan drew on his trader at three months date and the same was accepted for Rs. , .
No. Date From Whom Drawer Acceptor Where Term Due Ledger Amount Cash Re-marks of Received of Bill Whom payable Folio Rs. Book Bill received Folio Jan. Jan.
S.Mitra Self S.Mitra Bombay month Apr. , , Jan. Jan. R.Rakesh Do R.Rakesh Amritsar month Feb.
, Jan. Jan. G.Ghosh Do G.Ghosh Calcutta month Mar. , Jan.
Jan. D.Dhiman D.Dhiman A.vakil Bombay month Apr. Jan. Jan.
D.Kanga Self K.Kanga Bangalore month Feb. , Jan. Jan. C.Shah M.Meyers P.Parson Madras month Mar.
, Total Rs. , , No. To Whom Drawer Payee Where Term Due Ledger Cash Remarks of of Bill given payable Paid Book Bill Folio Jan. S.Warden S.Warden - month Mar.
, Jan. Pradhan Pradhan - month Apr. , Jan. S.Parkar S.Parker - month Mar.
, Jan. A.Roberts A.Robert - month Mar. , Total Rs. , , Bills Receivable Book Bills Payable Book (iv) Jan.
Drew on R. Rakesh at one month for Rs. , and he accepted the next day. (v) Jan.
Gave acceptance at two months for Rs. , to S. Parkar. (vi) Jan.
Received from G.Ghosh his acceptance for Rs. , at two months. (vii) Jan. Received from D.Dhiman, A.Vakil’s acceptance for Rs.
, at three months from Jan. . (viii) Jan. K.
Kanga accepted my draft at one month for Rs. , . (ix) Jan. Received from C.Shah bill for Rs.
, dated January , accepted by P. Parson and drawn by M.Meyers., payable two months after date. (x) Jan. Gave acceptance for Rs.
, at one month to A. Roberts.