Nikhil endorses a bill drawn on Bhavya in favour of Jagriti. On the due date Bill is honored by Bhavya. Which Account will be debited by Bhavya in her Books?
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Nikhil discounted the bill immediately with his bank @12 p.a. On the due date Akhil dishonoured ... Vibha endorsed the bill immediately in favour of her creditor Geeta. ... Record the necessary journal entries in the books of Vibha.
Explanation:
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