Journalise the following transactions in the books of Ranbir.

Sonam informs Ranbir that Salman’s acceptance for Rs. 3200 endorsed to Sonam has been dishonoured and the noting charges amounted to Rs. 80.

Ravindra renews his acceptance to Ranbir for Rs. 4,800 by paying Rs. 1800 in cash and accepted a fresh bill for the balance, plus interest @ 12% p.a for 2 months.

Dilip’s acceptance to Ranbir for Rs 8000 is retired one month before the due date at a discount of 12% p.a.

The bank informs Ranbir that Shirin’s acceptance for Rs 5500 to Ranbir discounted with the bank earlier has been dishounred and the noting charges Rs. 100.

Journal Entries in the books of Ranbir.

Sr. No.	Particulars	JF	DEBIT	CREDIT
a	Salman's A/c .....Dr.		3280
	To Sonam's A.c			3280
	[Being the endorsed bill is dishonoured along with Noting Charges]
b. i.	Ravindra's A/c .....Dr.		4800
	To Bills Receivable A/c			4800
	[Being the bill is dishonoured]
ii.	Ravindra's A/c .....Dr.		60
	To Interest A/c			60
	[Being the Interest is charged]
iii.	Cash A/c .....Dr.		1800
	To Ravindra's A/c			1800
	[Being the part payment is made]
iv.	Bills Receivable A/c .....Dr.		3060
	To Ravindra's A/c			3060
	[Being the new bill is drawn along with interest]
c.	Bank A/c .....Dr.		7920
	Rebate A/c .....Dr.		80
	To Bills Receivable A/c			8000
	[Being the bill is retired]
d.	Shirin's A/c .....Dr.		5600
	To Bank A/c			5600
	[Being the discounted bill is dishonoured along with noting charges]