Q. 3 solution of Bills of Exchange TS Grewal Book Class 11 2021-22
Are you looking for the solution of Question number 3 of the Bills of Exchange of TS Grewal Book class 11, 2021-22 Edition for the 2021-22 session?
Question number 3 of the Bills of Exchange is a practical one.
Question Number 3 Solution of Bills of Exchange of TS Grewal Book 2021-22 Class 11
Question – 3
On 1st January 2021, A sold goods to B for ₹5,000 plus IGST @ 18%. A received ₹900 by cheque from B and drew on him a bill for the balance amount payable 3 months after date. The bill was duly accepted by B. A retained the bill till the due date. On the due date, the bill was paid. Pass Journal entries in the books of A and B. Also, show necessary accounts in the books of both parties.
Solution:-
Book of B
Here is the list of all Solutions.
| 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. | Questions – 11 |
| 12. | Questions – 12 |
| 13. | Questions – 13 |
| 14. | Questions – 14 |
| 15. | Questions – 15 |
| 16. | Questions – 16 |
| 17. | Questions – 17 |
| 18. | Questions – 18 |
| 19. | Questions – 19 |
| 20. | Questions – 20 |
| S.N | Solutions |
| 21. | Questions – 21 |
| 22. | Questions – 22 |
| 23. | Questions – 23 |
| 24. | Questions – 24 |
| 25. | Questions – 25 |
| 26. | Questions – 26 |
| 27. | Questions – 27 |
| 28. | Questions – 28 |
| 29. | Questions – 29 |
| 30. | Questions – 30 |
| 31. | Questions – 31 |
