Q. 4 solution of Bills of Exchange TS Grewal Book Class 11 2021-22

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Are you looking for the solution of Question number 4 of the Bills of Exchange of TS Grewal Book class 11, 2021-22 Edition for the 2021-22 session?

Question number 4 of the Bills of Exchange is a practical one.

Question Number 4 Solution of Bills of Exchange of TS Grewal Book 2021-22 Class 11

Question – 4

Vinod sold goods to Darbara Singh for ₹1000 on 1st January 2021. He drew on the latter a bill for the amount payable 3 months after the date. He discounted the bill with his bank for ₹990 on 4th January 2021. On maturity, the bill is duly met. Make the Journal entries in the books of Vinod and Darbara Singh.

Solution:-

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