[ISC] Q 3 Solution Bills of Exchange Class 11 (2022-23)

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Are you looking for the solution of Question number 3 Bills of Exchange class 11 ISC 2022-23?

I have solved all the Practical Problems of this chapter.

Solution of question number 3 Bills of Exchange Solutions class 11 ISC Board 2022-23

Question – 3

Manish 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 returned it to Manish. On the due date, Manish presented the bill to Kumar who honored it.

Pass Journal entries in the books of both the parties.

Solution:-

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