CA Foundation Exam > CA Foundation Questions > On 18.2.05 A draw a bill on B for Rs 10,000. ...
Start Learning for Free
On 18.2.05 A draw a bill on B for Rs 10,000. B accepted the bill on 21.2.05. The bill is drawn for 30 days after sight. The due date of the bill will be:
- a)22.3.05
- b)23.3.05
- c)24.3.05
- d)21.3.05
Correct answer is option 'C'. Can you explain this answer?
Most Upvoted Answer
On 18.2.05 A draw a bill on B for Rs 10,000. B accepted the bill on 21...
As after sight bill means it is accepted when the person to whom is send sees that bill here thought bill drawn on 18.2 05 but B accepted it at 21.2.05 that may be the date when he saw the bill hence same will consider as accepting date as it is 30 days after sight when we add 30+3 gross days it will become 24.305
Free Test
FREE
| Start Free Test |
Community Answer
On 18.2.05 A draw a bill on B for Rs 10,000. B accepted the bill on 21...
Calculation of Due Date:
To determine the due date of the bill, we need to consider the date of acceptance and the number of days after sight mentioned on the bill.
Given information:
- Bill is drawn on 18.2.05.
- Bill is accepted on 21.2.05.
- Bill is drawn for 30 days after sight.
Step 1: Calculation of Date of Sight:
The date of sight is the date on which the bill was accepted. In this case, the bill was accepted on 21.2.05.
Step 2: Calculation of Due Date:
The due date of the bill is calculated by adding the number of days after sight to the date of sight.
In this case, the bill is drawn for 30 days after sight. So, we add 30 days to the date of sight.
Date of Sight: 21.2.05
Days after Sight: 30
Calculation:
21.2.05 + 30 days = 23.3.05
Therefore, the due date of the bill is 23.3.05.
Conclusion:
The correct answer is option 'C' - 24.3.05.
To determine the due date of the bill, we need to consider the date of acceptance and the number of days after sight mentioned on the bill.
Given information:
- Bill is drawn on 18.2.05.
- Bill is accepted on 21.2.05.
- Bill is drawn for 30 days after sight.
Step 1: Calculation of Date of Sight:
The date of sight is the date on which the bill was accepted. In this case, the bill was accepted on 21.2.05.
Step 2: Calculation of Due Date:
The due date of the bill is calculated by adding the number of days after sight to the date of sight.
In this case, the bill is drawn for 30 days after sight. So, we add 30 days to the date of sight.
Date of Sight: 21.2.05
Days after Sight: 30
Calculation:
21.2.05 + 30 days = 23.3.05
Therefore, the due date of the bill is 23.3.05.
Conclusion:
The correct answer is option 'C' - 24.3.05.
|
Explore Courses for CA Foundation exam
|
|
Similar CA Foundation Doubts
Top Courses for CA FoundationView all
On 18.2.05 A draw a bill on B for Rs 10,000. B accepted the bill on 21.2.05. The bill is drawn for 30 days after sight. The due date of the bill will be:a)22.3.05b)23.3.05c)24.3.05d)21.3.05Correct answer is option 'C'. Can you explain this answer?
Question Description
On 18.2.05 A draw a bill on B for Rs 10,000. B accepted the bill on 21.2.05. The bill is drawn for 30 days after sight. The due date of the bill will be:a)22.3.05b)23.3.05c)24.3.05d)21.3.05Correct answer is option 'C'. Can you explain this answer? for CA Foundation 2025 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about On 18.2.05 A draw a bill on B for Rs 10,000. B accepted the bill on 21.2.05. The bill is drawn for 30 days after sight. The due date of the bill will be:a)22.3.05b)23.3.05c)24.3.05d)21.3.05Correct answer is option 'C'. Can you explain this answer? covers all topics & solutions for CA Foundation 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for On 18.2.05 A draw a bill on B for Rs 10,000. B accepted the bill on 21.2.05. The bill is drawn for 30 days after sight. The due date of the bill will be:a)22.3.05b)23.3.05c)24.3.05d)21.3.05Correct answer is option 'C'. Can you explain this answer?.
On 18.2.05 A draw a bill on B for Rs 10,000. B accepted the bill on 21.2.05. The bill is drawn for 30 days after sight. The due date of the bill will be:a)22.3.05b)23.3.05c)24.3.05d)21.3.05Correct answer is option 'C'. Can you explain this answer? for CA Foundation 2025 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about On 18.2.05 A draw a bill on B for Rs 10,000. B accepted the bill on 21.2.05. The bill is drawn for 30 days after sight. The due date of the bill will be:a)22.3.05b)23.3.05c)24.3.05d)21.3.05Correct answer is option 'C'. Can you explain this answer? covers all topics & solutions for CA Foundation 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for On 18.2.05 A draw a bill on B for Rs 10,000. B accepted the bill on 21.2.05. The bill is drawn for 30 days after sight. The due date of the bill will be:a)22.3.05b)23.3.05c)24.3.05d)21.3.05Correct answer is option 'C'. Can you explain this answer?.
Solutions for On 18.2.05 A draw a bill on B for Rs 10,000. B accepted the bill on 21.2.05. The bill is drawn for 30 days after sight. The due date of the bill will be:a)22.3.05b)23.3.05c)24.3.05d)21.3.05Correct answer is option 'C'. Can you explain this answer? in English & in Hindi are available as part of our courses for CA Foundation.
Download more important topics, notes, lectures and mock test series for CA Foundation Exam by signing up for free.
Here you can find the meaning of On 18.2.05 A draw a bill on B for Rs 10,000. B accepted the bill on 21.2.05. The bill is drawn for 30 days after sight. The due date of the bill will be:a)22.3.05b)23.3.05c)24.3.05d)21.3.05Correct answer is option 'C'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of
On 18.2.05 A draw a bill on B for Rs 10,000. B accepted the bill on 21.2.05. The bill is drawn for 30 days after sight. The due date of the bill will be:a)22.3.05b)23.3.05c)24.3.05d)21.3.05Correct answer is option 'C'. Can you explain this answer?, a detailed solution for On 18.2.05 A draw a bill on B for Rs 10,000. B accepted the bill on 21.2.05. The bill is drawn for 30 days after sight. The due date of the bill will be:a)22.3.05b)23.3.05c)24.3.05d)21.3.05Correct answer is option 'C'. Can you explain this answer? has been provided alongside types of On 18.2.05 A draw a bill on B for Rs 10,000. B accepted the bill on 21.2.05. The bill is drawn for 30 days after sight. The due date of the bill will be:a)22.3.05b)23.3.05c)24.3.05d)21.3.05Correct answer is option 'C'. Can you explain this answer? theory, EduRev gives you an
ample number of questions to practice On 18.2.05 A draw a bill on B for Rs 10,000. B accepted the bill on 21.2.05. The bill is drawn for 30 days after sight. The due date of the bill will be:a)22.3.05b)23.3.05c)24.3.05d)21.3.05Correct answer is option 'C'. Can you explain this answer? tests, examples and also practice CA Foundation tests.
|
|
Explore Courses for CA Foundation exam
|
|
Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
|
© EduRev
|
Education Revolution
|
|
Signup to see your scores
go up within 7 days!
Access 1000+ FREE Docs, Videos and Tests
Takes less than 10 seconds to signup