Interested to Buy Any Domain ? << Click Here >> for more details...
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
- 1 Answers
- 3491 Views
- I also Faced
- E-Mail Answers
Answer Posted / preeti mittal
19900
| Is This Answer Correct ? | 5 Yes | 1 No |
Post New Answer View All Answers
What is the general entry for charge on bank overdraft
Explain what is the disadvantage of double entry system?
I'am accountant working in a trading concern. I wish to become an accountant in a manufacturing/construction company.are there any books available in the market from which I can get an Idea as to how accounts are prepared and maintained for a manufacturing/construction company.
Please would you provide me with a defenition of Cycle count tolerance ? Thank you
What are negative postings?What are Credit memos ?Payment Requests ?
what is capital reserve
Tell me what does the standard journal entry includes?
What are the purposes of maintaining control ledgers?
Is it possible contra entry in SAP FICO
Plant and machinery destroyed for 50000
While finalizing the current year’s profit, the company realized that there was an error in the valuation of closing stock of the previous year. In the previous year, closing stock was valued more by Rs.50,000. As a result (a) Previous year’s profit is overstated and current year’s profit is also overstated (b) Previous year’s profit is understated and current year’s profit is overstated (c) Previous year’s profit is understated and current year’s profit is also understated (d) Previous year’s profit is overstated and current year’s profit is understated
What knowledge should financial accountant have?
What is depreciation and how many types are there. Please give details?
What is vat adjustment?
When Iam entering sales in Tally ERP 9, It Is not reflecting in the stock, Why itt is happends like this ? I entered sales with delivery note Number, So think that is because it is not reflecting in Stocks, and when iam checking in the stocks its saying negative stock
