Accountancy, asked by varunbagaria, 3 months ago

Calculate the due date of the bill in the following cases:
Date of Bill
Period
(i) 30th January, 2016
1 month​

Answers

Answered by saikumarchatla566
1

Explanation:

about what bill u r asking ma

Answered by Berseria
6

Answer:

Due date of The bill = March 4th 2016

  • The time period of bill = 1 month

  • The Three days of Grace

  • Public Holiday or not (?)

When we are calculating the due date of bill we have note the 3 things mentioned above.

Time period :

January 30th --> (1 month ) --> February 30th.

February 30th is not a valid day. So we can take it as 28 th February.

3 Days of Grace :

February 28th + 3 days --> March 4 th.

Then, March 4th is not a public holiday, so it is due date of bill.

If it is a public holiday, the bill will be pay on next working day.

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