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On 1st January 2008 , a …

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On 1st January 2008 , a sold goods to for rupees 100000 receive 25000 in cash and draw two bills first bill 45000 and second bill for 30000 for 2 months each both bill word you accepted by B first bill was endorsed to see in settlement of his account of rupees 45000 and second bill was discounted from the bank at the rate of 12% p.a. on the due date of these bills both bills were dishonoured she has ,paid 100 rupees and Bank had paid rupers is noting charge pass journal entry in the book of a b and c

Posted by Vivek Yadav 5 years, 10 months ago

CBSE > Class 11 > Accountancy

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