Bills of exchange

SHANKAR A/C                DR 8,000/-

  TO SALES A/C                                         8,000/-

BILLS RECEIVABLE A/C DR 8,000/-

   TO SHANKAR A/C                                   8,000/-

BANK A/C                            DR 7,520/-

DISCOUNT A/C                  DR    480/-

     TO BILLS RECEIVABLE A/C                8,000/-

SHANKAR A/C                     DR 8,100/-

  TO BANK A/C                                              8,100/-

CASH A/C                            DR 2,100/-

    TO SHAKAR A/C                                       2,100/-

BILLS RECEIVABLE A/C    DR 6,720/-

    TO  SHANKAR A/C                                6,000/-

    TO INTEREST A/C                                     720/-

SHANKAR A/C                         DR 6,720/-

   TO BILLS RECEIVABLE A/C                      6,720/-

CASH A/C                              DR 4,032/-

BAD DEBTS A/C                   DR 2,688/-

    TO SHANKAR A/C                                       6,720/-