Question No 49 Chapter No 13 Additional Question 49. Ram Ratam Sold goods to Ahmed for Rs 1,00,000 on 30th June 2017 for which latter accepts 4 bills of Rs 25,000 each drawn on him payable after 2,4,6 and 8 Read More …
Question No 48 Chapter No 13 Additional Question 48. On 1st January 2018, P draws a three months bill of exchange for Rs 30,000 on his debtors who accepts it on same date. P discounts the bill on 4th January Read More …
Question No 47 Chapter No 13 Additional Question 47. On 1st January 2017, A owes B Rs 60,000 for which B receives two acceptances from A, one for Rs 20,000 payable in two months, second for Rs 40,000 payable in Read More …
Question No 46 Chapter No 13 Additional Question 46. Journals the following transaction:(i) Our acceptance for Rs 10,000retained by us one month before the due date under a rebate of 18% p.a.(ii) Our acceptance to X for Rs 20,000 was Read More …
Question No 45 Chapter No 13 Additional Question 45. On 12-2-2018, X sold goods worth Rs 60,000 to Y. On 15-2-2015, X drew three bills of exchange worth Rs 30,000, Rs 20,000 and Rs 10,000 payable after three months, two Read More …
Question No 44 Chapter No 13 Additional Question 44. A owes B 40,000. On 1st April, 2018, he accepts a bill for Rs 38,000 for 3 months in full settlement. B immediately endorses the bill to his creditor C. On Read More …
Question No 42 Chapter No 13 Additional Question 42. Sumeet draws a bill of exchange of Manmeet for Rs 50,000 for three months on 1st January 2018 which is duly accepted by the latter. This was for the amount which Read More …
Question No 41 Chapter No 13 Additional Question 41. On 1st April, 2017, Rohit sold goods to Mahesh for Rs 10,000 and drew upon him a bill for the amount at 3 months. Mahesh accepted the bill. On 4th April, Read More …
Question No 40 Chapter No 13 Additional Question Q. 40. On 1st May, 2017, Kunal sold goods to Subhash invoiced at t60,000 and drew upon the latter two bills of exchange, one for 20,000 at two months and another for Read More …
Question No 39 Chapter No 13 Additional Question 39. Anil sold goods to Mukul for 20,000, taking a bill of exchange at three months, dated 1st August, 2016. On 4th October, 2016, Anil got the bill discounted at 6% p.a. Read More …