A sold goods to B for ₹1,20,000. A drew a bill for 3 months, which B accepted. A discounted the bill @12% p.a. On maturity, B dishonoured. Bank paid noting charges ₹600. B requested renewal with interest of ₹3,000. Calculate B's total outstanding liability to A.
ICAI Exam Mode
Want to practice this topic under exam conditions?
Try the Timed Exam Player with a countdown timer, flag questions, and complete performance review.
