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X draws a bill on Y for Rs 20,000 for 3 months on 1.1.05.
The bill is discounted with
banker at a charge of Rs 100. At maturity the bill return
dishonoured. In the books of X,
for dishonour, the bank account will be credited by Rs.
(a) 19,900
(b) 20,000
(c) 20,100
(d) 19,800

Question Posted / dv


X draws a bill on Y for Rs 20,000 for 3 months on 1.1.05. The bill is discounted with banker at a..

Answer / preeti mittal

19900

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