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CA Foundation doubt

Rita owed ₹1,00,000 to Siriman. On 1st October, 2023, Rita accepted a bill drawn by Siriman for the amount at 3 months. Siriman got the bill discounted with his bank for ₹99,000 on 3rd October, 2023.

Asked by Angel2 May 2025755 views

1 answer

  1. Tanisha · 4 May 2025

    Cash alc dr 51500 To Rita 50000 To interest 1500 Interest received ho gya h siriman ko

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