A draws a bill of rs 1000 on B .B accepts it . A endorses it to C who discount it for rs 980 the bill is dis honoured at manurity and there is nothing charge of rs 10 . B is insolvent and only 40 paise in a rupees can be recovered from his estate
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he is a temporary and permanent closure and unsolicited please reply to this email and any attachments is intended only for the two of the two of the two of the sun is out there any
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A' s Book.
B/r a/c Dr. 1000
To B's a/c 1000.
C's a/c Dr. 10000
To B/r a/c 10000.
B's a/c Dr. 1010
To C's a/c 1010.
( with noting charges ).
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