Q. 7 solution of Bills of Exchange TS Grewal Book Class 11 2021-22

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Are you looking for the solution to Question number 7 of the Bills of Exchange of TS Grewal Book class 11, 2021-22 Edition for the 2021-22 session?

Question number 7 of the Bills of Exchange is a practical one.

Question Number 7 Solution of Bills of Exchange of TS Grewal Book 2021-22 Class 11

Question – 7

A drew a bill of ₹1000 on B for 3 months which was duly accepted by the latter. A endorsed the bill to C in full payment of his own acceptance to C for a like amount. C endorsed the bill of B.

Pass the journal entries in the books of A, B and C.

Solution:-

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