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Manohar drew a bill of exchange on Pushkar, his debtor, for ₹20,000 on 1st March,2018 for 3 months. Pushkar accepted the same and returned it to drawer. Manohar endorsed the bill to Yadav on 1st April,2019 for a debt of equal amount. Yadav discounted it with the bank at 15% p.a on 1st May, 2 / 2 2018. On the due date the bill was dishonoured (noting charges amounted to ₹100) Show the journal entries in the books of Drawer, Drawee and Endorsee.? for Commerce 2024 is part of Commerce preparation. The Question and answers have been prepared
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Manohar drew a bill of exchange on Pushkar, his debtor, for ₹20,000 on 1st March,2018 for 3 months. Pushkar accepted the same and returned it to drawer. Manohar endorsed the bill to Yadav on 1st April,2019 for a debt of equal amount. Yadav discounted it with the bank at 15% p.a on 1st May, 2 / 2 2018. On the due date the bill was dishonoured (noting charges amounted to ₹100) Show the journal entries in the books of Drawer, Drawee and Endorsee.?, a detailed solution for Manohar drew a bill of exchange on Pushkar, his debtor, for ₹20,000 on 1st March,2018 for 3 months. Pushkar accepted the same and returned it to drawer. Manohar endorsed the bill to Yadav on 1st April,2019 for a debt of equal amount. Yadav discounted it with the bank at 15% p.a on 1st May, 2 / 2 2018. On the due date the bill was dishonoured (noting charges amounted to ₹100) Show the journal entries in the books of Drawer, Drawee and Endorsee.? has been provided alongside types of Manohar drew a bill of exchange on Pushkar, his debtor, for ₹20,000 on 1st March,2018 for 3 months. Pushkar accepted the same and returned it to drawer. Manohar endorsed the bill to Yadav on 1st April,2019 for a debt of equal amount. Yadav discounted it with the bank at 15% p.a on 1st May, 2 / 2 2018. On the due date the bill was dishonoured (noting charges amounted to ₹100) Show the journal entries in the books of Drawer, Drawee and Endorsee.? theory, EduRev gives you an
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