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A approached his friend B for a loan of Rs 5,000 and the latter, being unable to find the money, agreed to accept a bill drawn on him at 3 months for accommodation. In due course, the bill was drawn, accepted and discounted with the banker. The bank rate of discounting the customer's bill was 6% p.a. On the due date, A remits the required amount to B and the bill was duly met. Pass the Journal entries' in the books of both the parties? for CA Foundation 2024 is part of CA Foundation preparation. The Question and answers have been prepared
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the CA Foundation exam syllabus. Information about A approached his friend B for a loan of Rs 5,000 and the latter, being unable to find the money, agreed to accept a bill drawn on him at 3 months for accommodation. In due course, the bill was drawn, accepted and discounted with the banker. The bank rate of discounting the customer's bill was 6% p.a. On the due date, A remits the required amount to B and the bill was duly met. Pass the Journal entries' in the books of both the parties? covers all topics & solutions for CA Foundation 2024 Exam.
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Here you can find the meaning of A approached his friend B for a loan of Rs 5,000 and the latter, being unable to find the money, agreed to accept a bill drawn on him at 3 months for accommodation. In due course, the bill was drawn, accepted and discounted with the banker. The bank rate of discounting the customer's bill was 6% p.a. On the due date, A remits the required amount to B and the bill was duly met. Pass the Journal entries' in the books of both the parties? defined & explained in the simplest way possible. Besides giving the explanation of
A approached his friend B for a loan of Rs 5,000 and the latter, being unable to find the money, agreed to accept a bill drawn on him at 3 months for accommodation. In due course, the bill was drawn, accepted and discounted with the banker. The bank rate of discounting the customer's bill was 6% p.a. On the due date, A remits the required amount to B and the bill was duly met. Pass the Journal entries' in the books of both the parties?, a detailed solution for A approached his friend B for a loan of Rs 5,000 and the latter, being unable to find the money, agreed to accept a bill drawn on him at 3 months for accommodation. In due course, the bill was drawn, accepted and discounted with the banker. The bank rate of discounting the customer's bill was 6% p.a. On the due date, A remits the required amount to B and the bill was duly met. Pass the Journal entries' in the books of both the parties? has been provided alongside types of A approached his friend B for a loan of Rs 5,000 and the latter, being unable to find the money, agreed to accept a bill drawn on him at 3 months for accommodation. In due course, the bill was drawn, accepted and discounted with the banker. The bank rate of discounting the customer's bill was 6% p.a. On the due date, A remits the required amount to B and the bill was duly met. Pass the Journal entries' in the books of both the parties? theory, EduRev gives you an
ample number of questions to practice A approached his friend B for a loan of Rs 5,000 and the latter, being unable to find the money, agreed to accept a bill drawn on him at 3 months for accommodation. In due course, the bill was drawn, accepted and discounted with the banker. The bank rate of discounting the customer's bill was 6% p.a. On the due date, A remits the required amount to B and the bill was duly met. Pass the Journal entries' in the books of both the parties? tests, examples and also practice CA Foundation tests.