1.

Anil drew a 3 months' bill for Rs. 10,000 upon Sunil. The bill was endorsed in favour of Vimal who endorsed it in favour of Kamal who in turn endorsed it in favour of Anil to discharge his own acceptance. Prepare journal in the books of Anil, Sunil, Vimal and Kamal.

Answer»

Anil drew a 3 months' bill for Rs. 10,000 upon Sunil. The bill was endorsed in favour of Vimal who endorsed it in favour of Kamal who in turn endorsed it in favour of Anil to discharge his own acceptance. Prepare journal in the books of Anil, Sunil, Vimal and Kamal.



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