Question

(1) Drew a bill of * 8000 on Ramnik which he accepted and returned
(3) Bill receivable of Ramnik endorsed to Ramesh.
47 Goods of * 3000 returned by Paresh to us.
Propel
2) Accepted a bill of3000 drawn by Vijay and returned to him.
5) Goods of 1500 returned to Mahendra.
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Answer 1

Answer:

These solutions for Bills Of Exchange are extremely popular among Class 11 ... On 1st January, 2017, Ajay sold goods to Bhushan for ₹ 10,000. ... Bhushan accepts and returns it to Ajay, Bhushan met the bill on the due date. ... 01. Bills Receivable A/c, Dr. 8,000. To Balbir. 8,000. (Bill accepted by Balbir)

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