Solution of Question number 18 Bills of Exchange class 11 ISC 2023-24? Y owes X ₹ 40,000. On 1st January, 2023, Y accepts a 3 months bill for ₹ 39,000 in satisfaction of his full claim. On the same date,…
Solution of Question number 17 Bills of Exchange class 11 ISC 2023-24? On 1st January, 2023, A drew a bill on B for ₹ 10,000 payable after 3 months. B accepted the bill and returned it to A. After 10…
Solution of Question number 16 Bills of Exchange class 11 ISC 2023-24? On 1st March, 2023, R accepted a bill of exchange for ₹ 20,000 from S payable 3 months after date in full settlement of his dues. On the…
Solution of Question number 15 Bills of Exchange class 11 ISC 2023-24? On 1st Janurary, 2023, A draws a bill on B for ₹ 10,000 payable after 3 months. Immediately after its acceptance, A sends the bill to his bank…
Solution of Question number 14 Bills of Exchange class 11 ISC 2023-24? On 1st July, 2022, A drew a bill for ₹ 50,000 on B payable after 3 months. A discounted it with the bank for ₹ 48,500. On maturity,…
Solution of Question number 13 Bills of Exchange class 11 ISC 2023-24? Ram draws a bill for ₹ 2,000 on Shyam on 15th September, 2020 for 3 months. On maturity, Shyam failed to honour the bill. Pass necessary Journal entries…
Solution of Question number 12 Bills of Exchange class 11 ISC 2023-24? Mohan draws a bill on Jagat for ₹ 10,000 payable 2 months after date. Immediately after its acceptance, Mohan sends the bill to his bank for collection. On…
Solution of Question number 11 Bills of Exchange class 11 ISC 2023-24? A sold goods to B for ₹ 20,000. B accepts two bills of ₹ 10,000 each for 3 months. A endorsed one bill to C. On due date…
Solution of Question number 10 Bills of Exchange class 11 ISC 2023-24? On 10th July, 2020, A sold goods to B for ₹ 35,000. He drew on him a 3 months bill for ₹ 35,000. B accepted the bill. After…
Solution of Question number 9 Bills of Exchange class 11 ISC 2023-24? A sold goods to B for ₹ 20,000 on credit of 3 months. B accepted a draft for the amount. The draft was endorsed in favour of C,…
Solution of Question number 8 Bills of Exchange class 11 ISC 2023-24? A owed B ₹ 8,000. He gave a bill for the same on 1st August, 2020 payable after 4 months at the Bank of India, Chandni Chowk, Delhi.…
Solution of Question number 7 Bills of Exchange class 11 ISC 2023-24? A drew a bill of ₹ 1,000 on B which was duly accepted by the latter. A endorsed the bill to C in full payment of his own…
Solution of Question number 6 Bills of Exchange class 11 ISC 2023-24? Vinod sold goods to Darbara for ₹ 10,000. Vinod drew on the latter a bill for the amount payable 3 months after date. He discounted the bill with…
Solution of Question number 5 Bills of Exchange class 11 ISC 2023-24? Dinesh received from Shridhar an acceptance for ₹ 9,000 on 1st September, 2022 at 3 months. Dinesh got the acceptance discounted at 9% p.a. from his bank. On…
Solution of Question number 4 Bills of Exchange class 11 ISC 2023-24? Mohan sold goods to Kumar for ₹ 10,000. He drew on him a bill for ₹ 10,000 payable 3 months after the date. Kumar accepted the bill and…
