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 18th April, 2020 and remits one-third amount to Anup. On the due date Suresh fails to remit the amount due to Anup, but he accepts bill of Rs. 17,500 for 3 months, which Anup discounts for Rs. 17,100 and remits Rs. 2,825 to Suresh. Before the maturity of the renewed bill Suresh becomes insolvent and only 50% was realized from his estate on 31 October, 2020. Pass necessary Journal Entries for the above transactions in the books of Suresh .
July 14, 2024
Views: 375
Answers: 6
Please send notes for theory of production and cost
July 14, 2024
Views: 384
Answers: 1
What is present value formula of ordinary and annuity due and how it calculated by calculator tricks
July 14, 2024
Views: 427
Answers: 4
Guys mein jo ca foundation dene wala hunn January 2025 ko ,usme Jo hota hai MTP and PYQ'S wo book store mein milta hai yaa icai provide karta hai ?
July 14, 2024
Views: 392
Answers: 4
Hey! Sep24 ka attempt kon kon de rha h???...kisi ke pass CA PARAG SIR ke handwritten eco ke notes h kya???
July 14, 2024
Views: 416
Answers: 1
Can you solve this Question no. 10
July 14, 2024
Views: 429
Answers: 2
Cant find the right formula to put
July 14, 2024
Views: 449
Answers: 2
Please reply for ca foundation which teachers have best and free videos on YouTube or anywhere in free which enough to clear foundation ?
July 14, 2024
Views: 449
Answers: 5
Can anyone solve the 9th one? Is there any shortcut to this type of questions?
July 14, 2024
Views: 429
Answers: 2
Do we need to take Maths in 12th to write CA foundation? Or is it enough to study Business Maths for quantitative aptitude?
July 14, 2024
Views: 465
Answers: 9