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A liablity of 7000 will be …

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A liablity of 7000 will be created againt bills receivable discounted earlier but now dishonoured What effect in balance sheet ? Fast repaly

    • Posted by Om Prakash 6 years, 10 months ago

    CBSE > Class 12 > Accountancy
    • 2 answers

    Riya Jain 6 years, 10 months ago

    You will have to pay back the discounted money back to bank and it will deduct the bank balance

    0Thank You

    Paras Ghoga 6 years, 10 months ago

    No effect

    3Thank You

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