[ISC] Q 38 Solution Bills of Exchange Class 11 (2023-24)
Solution of Question number 38 Bills of Exchange class 11 ISC 2023-24?
A sold goods to B for ₹ 12,000. He took a bill at 3 months dated 1st July, 2023. On 4th August, A discounted the bill @ 5% p.a. with his bank. On maturity, the bill was returned by the bank as dishonoured with ₹ 10 as expenses. B paid ₹ 3,000 and gave A another bill at 3 months for ₹ 9,000 at 6% interest, but before maturity he had become insolvent and ulitmately paid his creditors 75 paise in a rupee.
Pass entries in A’s Journal recording the above transactions.
Solution:-
Below is the list of all the Practical problems
| S.N | Solutions |
| 1 | Question – 1 |
| 2 | Question – 2 |
| 3 | Question – 3 |
| 4 | Question – 4 |
| 5 | Question – 5 |
| 6 | Question – 6 |
| 7 | Question – 7 |
| 8 | Question – 8 |
| 9 | Question – 9 |
| 10 | Question – 10 |
| S.N | Solutions |
| 11 | Question – 11 |
| 12 | Question – 12 |
| 13 | Question – 13 |
| 14 | Question – 14 |
| 15 | Question – 15 |
| 16 | Question – 16 |
| 17 | Question – 17 |
| 18 | Question – 18 |
| 19 | Question – 19 |
| 20 | Question – 20 |
