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Question No 08 Chapter No 13 Sending the Bill to Bank for Collection 08. On January 1,2018 Ajay sold goods to Balbir for Rs 10,000 at a discount of 20%. On that date, Balbir acceptance a bill drawn on him Read More …
Question No 06 Chapter No 13 Sending the Bill to Bank for Collection 06. On 10th January 2017, A sells goods to B for 12,000. On that date, B accepted a bill drawn upon him by A at two months Read More …
Question No 05 Chapter No 13 05. B owed 20,400 to A. On 15th January, 2019, he accepted a bill for 20,000 for two months drawn by A in full settlement of his debt. On 18th January, 2019, A endorsed Read More …
Question No 04 Chapter No 13 04. On 15th February, 2019, X sold goods to Y for 60,000. On the same day, Y accepted a bill drawn upon him by X for three months for 60,000. X immediately discounted the Read More …
Question No 03 Chapter No 13 03. On 1st January 2019, Ajay sold goods to Bhushan for 50,000. Ajay draws a bill of exchange for two months for the amount due which Bhushan accepts and returns it to Ajay. Bhushan Read More …
Question No 02 Chapter No 13 2. Calculate the due dates of the bills in the following cases: Date of Bill Period (i) 29th May 2017 4 months (ii) 31st March 2017 1 months (iii) 7 1 month III. Read More …
Question No 01 Chapter No 13 1. Calculate the due dates of the bills in the following cases: Date of Bill Period (i) 1st February 2017 3 months (ii) 31st January 2017 3 months (iii) 30th September 2017 2 Read More …
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