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A bill of 12,000 was discounted by A with the banker for 11,880. At maturity, the bill returned dishonoured, noting charges Rs.20. How much amount will the bank deduct from A’s bank balance at the time of such dishonour?a)Rs.12,000b)Rs.11,800c)Rs.11,900d)Rs.12,020Correct answer is option 'C'. Can you explain this answer? for CA Foundation 2024 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about A bill of 12,000 was discounted by A with the banker for 11,880. At maturity, the bill returned dishonoured, noting charges Rs.20. How much amount will the bank deduct from A’s bank balance at the time of such dishonour?a)Rs.12,000b)Rs.11,800c)Rs.11,900d)Rs.12,020Correct answer is option 'C'. Can you explain this answer? covers all topics & solutions for CA Foundation 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for A bill of 12,000 was discounted by A with the banker for 11,880. At maturity, the bill returned dishonoured, noting charges Rs.20. How much amount will the bank deduct from A’s bank balance at the time of such dishonour?a)Rs.12,000b)Rs.11,800c)Rs.11,900d)Rs.12,020Correct answer is option 'C'. Can you explain this answer?.

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Here you can find the meaning of A bill of 12,000 was discounted by A with the banker for 11,880. At maturity, the bill returned dishonoured, noting charges Rs.20. How much amount will the bank deduct from A’s bank balance at the time of such dishonour?a)Rs.12,000b)Rs.11,800c)Rs.11,900d)Rs.12,020Correct answer is option 'C'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of A bill of 12,000 was discounted by A with the banker for 11,880. At maturity, the bill returned dishonoured, noting charges Rs.20. How much amount will the bank deduct from A’s bank balance at the time of such dishonour?a)Rs.12,000b)Rs.11,800c)Rs.11,900d)Rs.12,020Correct answer is option 'C'. Can you explain this answer?, a detailed solution for A bill of 12,000 was discounted by A with the banker for 11,880. At maturity, the bill returned dishonoured, noting charges Rs.20. How much amount will the bank deduct from A’s bank balance at the time of such dishonour?a)Rs.12,000b)Rs.11,800c)Rs.11,900d)Rs.12,020Correct answer is option 'C'. Can you explain this answer? has been provided alongside types of A bill of 12,000 was discounted by A with the banker for 11,880. At maturity, the bill returned dishonoured, noting charges Rs.20. How much amount will the bank deduct from A’s bank balance at the time of such dishonour?a)Rs.12,000b)Rs.11,800c)Rs.11,900d)Rs.12,020Correct answer is option 'C'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice A bill of 12,000 was discounted by A with the banker for 11,880. At maturity, the bill returned dishonoured, noting charges Rs.20. How much amount will the bank deduct from A’s bank balance at the time of such dishonour?a)Rs.12,000b)Rs.11,800c)Rs.11,900d)Rs.12,020Correct answer is option 'C'. Can you explain this answer? tests, examples and also practice CA Foundation tests.