[ISC] Q 25 Solution Bills of Exchange Class 11 (2022-23)

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Are you looking for the solution of Question number 25 Bills of Exchange class 11 ISC 2022-23?

Record the following transactions in the books of Mehra:

(a) Mehra’s acceptance for ₹ 1,500 in favour of Chopra renewed for 3 months together with interest @ 6% p.a.

(b) Mehra’s acceptance for ₹ 2,000 in favour of Rao met by endorsement of Sethi’s acceptance (in favour of Mehra) for the like amount.

Solution:-

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Anurag Pathak

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