Question

A sold goods for 4000 to B at three months for the amount.B accepted the bill and returned it to A ,who discounted it on 4th august with his bank at 12% per annum.The acceptence was dishonoured on the due date and the bank paid 40% as noting charges.On 10th october,B accepted a new bill for 4080 payable after 2 months.On 31st december,b was declared insolvent and his estate paid a first and final dividend of 50 paise in the rupee on 31st december

Answer 1

Answer:

hi bro

Explanation:

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