14.Abdulla sold goods to Tahir on Jan 17, 2017 for Rs. 18,000. He drewabill of exchange for the same amount on Tahir for 45 days. On the samedate Tahir accepted the bill and returned it to Abdulla. On the due dateAbdulla presented the bill to Tahir which was dishonoured. Abdullapaid Rs.40 as noting charges. Five days after the dishonour of hisacceptance Tahir settled his debt by making a payment of Rs.18,700including interest and noting charges.Record the necessary journal entries in the books of Abdulla and Tahir.Also prepare Tahir's account in the books of Abdulla and Abdulla'saccount in the books of Tahir.

14.Abdulla sold goods to Tahir on Jan 17, 2017 for Rs. 18,000. He drew

1.	14.Abdulla sold goods to Tahir on Jan 17, 2017 for Rs. 18,000. He drewabill of exchange for the same amount on Tahir for 45 days. On the samedate Tahir accepted the bill and returned it to Abdulla. On the due dateAbdulla presented the bill to Tahir which was dishonoured. Abdullapaid Rs.40 as noting charges. Five days after the dishonour of hisacceptance Tahir settled his debt by making a payment of Rs.18,700including interest and noting charges.Record the necessary journal entries in the books of Abdulla and Tahir.Also prepare Tahir's account in the books of Abdulla and Abdulla'saccount in the books of Tahir.
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