Question - 20

On 1st March, 2000 Shyam sold goods to sanjay for Rs. 1,200 and drew a three months bill on him for this amount on 15th April, 2000 shyam purchased goods of Rs. 2,000 from shashi and gave him a cheque of Rs. 760 and the acceptance of sanjay in full and final payment of the amount bill was dishonoured on the due date shyam paid its amount. 
Pass necessary entries in the journal of shyam for above transactions.