On 1st January, 2023, A drew upon B for goods sold, a bill at 3 months for ₹ 10,000. A discounted the bill with his bank, who charged ₹ 150 for discounting the bill. On due date, the bill was dishonoured and the bank paid ₹ 100 as noting charges. On 10th April, 2023, B accepted a new bill for ₹ 10,250 payable after 3 months. On 1st July, 2023, before the bill matured, B was declared insolvent and a firs and final dividend of 25 paise in a rupee was received from his private estate on 31st July, 2023.
Pass Journal entries in A’s books and show how B’s Account will appear in A’s Ledger.