On March 15, 2018 Shiv sold goods for Rs. 16,000 to Himank on credit. Himank accepted a bill of exchange drawn upon him by Shiv payable after three months. On April, 15 Shiv endorsed the bill in favour of his creditor Priya in full settlement of her debt of Rs. 16,500. On May 15, Priya discounted the bill with her bank @ 12% p.a. On the due date Himank met the bill. Record the necessary journal entries in the books of Shiv.
