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A drew a bill on B for ₹ 5000 which B accepts. A endorse the bill in favour of c and then C.,in favour of D, who discounted the bill for₹4900. on maturity the bill is dishonoured and the bank paid noting charges of ₹100. what amount would C pay to D
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A drew a bill on B for ₹ 5000 which B accepts. A endorse the bill in f...
Summary:
A drew a bill on B for ₹5000, which B accepted. A then endorsed the bill in favor of C, who endorsed it in favor of D. D discounted the bill for ₹4900. However, on maturity, the bill was dishonored, and the bank charged ₹100 as noting charges. We need to determine the amount that C would pay to D.
Given Information:
- Bill amount: ₹5000
- Discounted amount: ₹4900
- Noting charges: ₹100
Calculating the Amount C Would Pay to D:
To calculate the amount that C would pay to D, we need to consider the discounted amount and the noting charges.
1. Discounted Amount:
D discounted the bill for ₹4900. This means that D received ₹4900 as the discounted value of the bill.
2. Noting Charges:
The bank charged ₹100 as noting charges. Noting charges are the charges imposed by the bank when a bill is dishonored.
3. Total Amount Paid by D:
To determine the total amount paid by D, we need to add the discounted amount and the noting charges.
Total amount paid by D = Discounted amount + Noting charges
Total amount paid by D = ₹4900 + ₹100
Total amount paid by D = ₹5000
Explanation:
C would pay the total amount of ₹5000 to D. This is because D discounted the bill for ₹4900, and the bank charged ₹100 as noting charges. Therefore, the total amount paid by D is equal to the face value of the bill, which is ₹5000.
Conclusion:
C would pay the total amount of ₹5000 to D. This includes the discounted amount of ₹4900 and the noting charges of ₹100.
A drew a bill on B for ₹5000, which B accepted. A then endorsed the bill in favor of C, who endorsed it in favor of D. D discounted the bill for ₹4900. However, on maturity, the bill was dishonored, and the bank charged ₹100 as noting charges. We need to determine the amount that C would pay to D.
Given Information:
- Bill amount: ₹5000
- Discounted amount: ₹4900
- Noting charges: ₹100
Calculating the Amount C Would Pay to D:
To calculate the amount that C would pay to D, we need to consider the discounted amount and the noting charges.
1. Discounted Amount:
D discounted the bill for ₹4900. This means that D received ₹4900 as the discounted value of the bill.
2. Noting Charges:
The bank charged ₹100 as noting charges. Noting charges are the charges imposed by the bank when a bill is dishonored.
3. Total Amount Paid by D:
To determine the total amount paid by D, we need to add the discounted amount and the noting charges.
Total amount paid by D = Discounted amount + Noting charges
Total amount paid by D = ₹4900 + ₹100
Total amount paid by D = ₹5000
Explanation:
C would pay the total amount of ₹5000 to D. This is because D discounted the bill for ₹4900, and the bank charged ₹100 as noting charges. Therefore, the total amount paid by D is equal to the face value of the bill, which is ₹5000.
Conclusion:
C would pay the total amount of ₹5000 to D. This includes the discounted amount of ₹4900 and the noting charges of ₹100.
Community Answer
A drew a bill on B for ₹ 5000 which B accepts. A endorse the bill in f...
But it comes in mock test 10 th december ans is 5100
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A drew a bill on B for ₹ 5000 which B accepts. A endorse the bill in favour of c and then C.,in favour of D, who discounted the bill for₹4900. on maturity the bill is dishonoured and the bank paid noting charges of ₹100. what amount would C pay to D
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A drew a bill on B for ₹ 5000 which B accepts. A endorse the bill in favour of c and then C.,in favour of D, who discounted the bill for₹4900. on maturity the bill is dishonoured and the bank paid noting charges of ₹100. what amount would C pay to D 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 drew a bill on B for ₹ 5000 which B accepts. A endorse the bill in favour of c and then C.,in favour of D, who discounted the bill for₹4900. on maturity the bill is dishonoured and the bank paid noting charges of ₹100. what amount would C pay to D covers all topics & solutions for CA Foundation 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for A drew a bill on B for ₹ 5000 which B accepts. A endorse the bill in favour of c and then C.,in favour of D, who discounted the bill for₹4900. on maturity the bill is dishonoured and the bank paid noting charges of ₹100. what amount would C pay to D.
A drew a bill on B for ₹ 5000 which B accepts. A endorse the bill in favour of c and then C.,in favour of D, who discounted the bill for₹4900. on maturity the bill is dishonoured and the bank paid noting charges of ₹100. what amount would C pay to D 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 drew a bill on B for ₹ 5000 which B accepts. A endorse the bill in favour of c and then C.,in favour of D, who discounted the bill for₹4900. on maturity the bill is dishonoured and the bank paid noting charges of ₹100. what amount would C pay to D covers all topics & solutions for CA Foundation 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for A drew a bill on B for ₹ 5000 which B accepts. A endorse the bill in favour of c and then C.,in favour of D, who discounted the bill for₹4900. on maturity the bill is dishonoured and the bank paid noting charges of ₹100. what amount would C pay to D.
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A drew a bill on B for ₹ 5000 which B accepts. A endorse the bill in favour of c and then C.,in favour of D, who discounted the bill for₹4900. on maturity the bill is dishonoured and the bank paid noting charges of ₹100. what amount would C pay to D, a detailed solution for A drew a bill on B for ₹ 5000 which B accepts. A endorse the bill in favour of c and then C.,in favour of D, who discounted the bill for₹4900. on maturity the bill is dishonoured and the bank paid noting charges of ₹100. what amount would C pay to D has been provided alongside types of A drew a bill on B for ₹ 5000 which B accepts. A endorse the bill in favour of c and then C.,in favour of D, who discounted the bill for₹4900. on maturity the bill is dishonoured and the bank paid noting charges of ₹100. what amount would C pay to D theory, EduRev gives you an
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