Accountancy, asked by peachuu, 4 months ago

as per the balance sheet of a company dated 31-3-2020, “discounted bills receivable” were of rs. 1,00,000, which are due on 30-6-2020, this amount will be shown in final accounts under the head:

Answers

Answered by sangeeta9470

1

Answer:

this is shown in contingent liabilities

contingent liabilities are shown as foot note outside the balance sheet

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