Suresh draws a bill for Rs. 15,000 on Anup on 15th April, 2020 for 3 months, which is returned by Anup to Suresh after accepting the same. Suresh gets it discounted with the bank for Rs. 14,700 on 18t

Question

M · Answer

Suresh fails to clearing due to Anup

M · Answer

This is right.but i couldn't understand why we will not write the dishonour entry for Suresh fails clearing first bill ??, can u please clear me this doubt ?

Mayuri · Answer

More entries 21/10/20 bp ac dr 17500 To anup ac 17500 31/10/20 anup ac dr 13125 To bank 6562.5 To deficiency 6562.5 To cash ac

M · Answer

This question came in ca foundation 2020 nov So, once u guys try and send me the answer

Anjali · Answer

Very hard question

Suresh draws a bill for Rs. 15,000 on Anup on 15th April, 2020 for 3 months, which is returned by Anup to Suresh after accepting the same. Suresh gets it discounted with the bank for Rs. 14,700 on 18t

6 answers

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