Question

ayable on
Retaining the Bill till Due Date
January, 2019; (v) 1st October, 2018.]
2. On 10th March, 2019, A draws on B a bill at 3 months for ? 20,000 which B accepts
immediately and returns to A. The bill is honoured on due date.
Pass necessary Journal entries in the books of both the parties.
On 1st January 2019 A sold cedat

Answer 1

Answer:

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