Amounting

On 12.2.2015, X sold goods worth ~ 6,000 to Y. On 15.2.2015, X drew three bills of exchange worth ~ 3,000, ~ 2,000 and ~ 1,000 payable after three months, two months and one month, respectively. Y accepted all the bills and returned to X immediately. X discounted the first bill on 18.3.2015 @ 10% p.a. with his bank. He endorsed the second bill to Z, on 18.3.2015. He retained the third bill till maturity.

Y met the third bill on the due date but dishonoured the first and the second bills. Noting charges amounting to ~ 25 for each of these two bills were incurred. Y was declared insolvent and could pay only 50 paise in the rupee on 30.5.2015 in full settlement. Pass the Journal Entries in the books of X.