Journalise the following transactions in the books of Rahul.

Pradeep informed Rahul that, Vijay’s acceptance for Rs. 1,000 endorsed to Pradeep has been dishonoured. Noting charges amounted to Rs. 50.

Nilesh renews his acceptance to Rahul for Rs. 600 by paying Rs. 200 in cash and accepting a fresh bill for balance plus interest at 12% p.a. for 3 months.

Prashant’s acceptance to Rahul for Rs. 3,000 retired one month before due date at a discount of 12% p.a.

Bank informs Rahul as to the dishonour of Aviraj’s acceptance for Rs. 1,000 to Rahul, discounted with the bank. Noting charges are Rs. 20.

Journal Entries in the Books of Rahul.

Sr. No.	Particulars	JF	DEBIT	CREDIT
a.	Vijay's A/c ....Dr.		1050
	To Pradeep's A/c			1050
	[Being the Endorsed bill is dishonoured along with Noting Charges]
b. i.	Nilesh's A/c ...Dr.		600
	To Bills Receivable A/c			600
	[Being the Bill is dishonoured]
ii.	Nilesh's A/c ...Dr.		12
	To Interest A/c			12
	[Being the Interest is charged]
iii.	Cash A/c ...Dr.		200
	To Nilesh's A/c			200
	[Being the part – payment is made]
iv.	Bills Receivable A/c ...Dr.		412
	To Nilesh's A/c			412
	[Being the new bill is drawn along with interest]
c.	Bank A/c ...Dr.		2970
	Rebate A/c ...Dr.		30
	To Bills Receivable A/c			3000
	[Being the bill is retired. ]
d.	Aviraj's A/c ...Dr.		1020
	To Bank A/c			1020
	[Being the discounted bill is dishonoured along with noting charges]