12. From the following data, determine bills receivable received from debtors and bills payable paid on maturity during the year. Particulars Rs. Opening balance bills receivable 30,000 Closing balance bills receivable 45.000 Opening balance bills payable 15.000 closing balance bills payable Bills receivable dishonoured 20.000 2.500 Bills receivable encashed 70.000 Bills receivable (discount Rs.250) 5.000 Bills payable issued 65.000
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Cash in Hand ₹ 2,800; Sundry Debtors ₹ 4,800; Stock ₹ 6,800; Bills Receivable ₹ 1,600; Sundry Creditors ₹ 500 and owing for Rent ₹ 150. Furniture and ...
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