On 1st January, 2015, Kuntal sold goods to Subhra valuing ~ 6,000. On 4th January, 2015 Kuntal received from Subhra ~ 2,000 and drew a bill receivable 3 months after date for the balance. On the same date, Kuntal endorsed the accepted bill to Aparna for full settlement of a debt of ~ 4,050. On the due date the bill was dishonoured and Subhra, having become insolvent, paid on 5th May, 2015 60% of her acceptance. Give Journal Entries in the books of Kuntal and Subhra.
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