Commerce School

Student Community

YOUTUBE CHANNELSubscribe

Telegram Channel

Commerce School

Student Community

Telegram Channel

YOUTUBE CHANNELSubscribe

Category TS Grewal Class 11

TS Grewal Class 11 243 Questions

16 Sub Categories

0 Votes 1 Ans

Ram’s acceptance for ₹ 20,000 renewed for 3 months, plus interest @ 5% p.a

3.14K viewsAnurag Pathak Changed status to publish October 25, 2023Bills of Exchange

0 Votes 1 Ans

Record the following transactions in the books of Mehta Mehta’s acceptance for ₹ 2,500 retired before due date for a discount of ₹ 50.

3.34K viewsAnurag Pathak Changed status to publish October 25, 2023Bills of Exchange

0 Votes 1 Ans

Record the following transactions in the books of Mehra Mehra’s acceptance for ₹ 1,500 in favour of Chopra renewed for 3 months together with interest @ 6% p.a

2.80K viewsAnurag Pathak Changed status to publish October 25, 2023Bills of Exchange

0 Votes 1 Ans

B’s acceptance for ₹ 1,000 due on this day, was renewed at his request for 3 months with interest @ 6% p.a

3.23K viewsAnurag Pathak Changed status to publish October 25, 2023Bills of Exchange

0 Votes 1 Ans

Y owed X ₹ 15,000 who drew on him one bill for ₹ 10,000 payable 2 months after date and other for ₹ 5,000 payable 3 months after date

3.70K viewsAnurag Pathak Changed status to publish October 25, 2023Bills of Exchange

0 Votes 1 Ans

Ram owed ₹ 20,000 to Mohan on 1st January, 2023. On this date, he accepted a draft for the amount for 3 months

3.10K viewsAnurag Pathak Changed status to publish October 25, 2023Bills of Exchange

0 Votes 1 Ans

Ram’s acceptance for ₹ 30,000 endorsed in favour of Shyam is dishonoured. Shyam pays ₹ 500 as noting charges

3.42K viewsAnurag Pathak Changed status to publish October 25, 2023Bills of Exchange

0 Votes 1 Ans

A bill for ₹ 20,000 is drawn by A on B and accepted by the latter payable at Bank of India. Show what entries should be passed in the books of A under each of the following circumstances

2.94K viewsAnurag Pathak Changed status to publish October 25, 2023Bills of Exchange

0 Votes 1 Ans

Y owes X ₹ 40,000. On 1st January, 2023, Y accepts a 3 months bill for ₹ 39,000 in satisfaction of his full claim

2.85K viewsAnurag Pathak Changed status to publish October 25, 2023Bills of Exchange

0 Votes 1 Ans

On 1st January, 2023, A drew a bill on B for ₹ 10,000 payable after 3 months. B accepted the bill and returned it to A

3.00K viewsAnurag Pathak Changed status to publish October 25, 2023Bills of Exchange

0 Votes 1 Ans

On 1st March, 2023, R accepted a bill of exchange for ₹ 20,000 from S payable 3 months after date in full settlement of his dues

2.42K viewsAnurag Pathak Changed status to publish October 25, 2023Bills of Exchange

0 Votes 1 Ans

On 1st Janurary, 2023, A draws a bill on B for ₹ 10,000 payable after 3 months. Immediately after its acceptance, A sends the bill to his bank for collection

1.87K viewsAnurag Pathak Changed status to publish October 25, 2023Bills of Exchange

0 Votes 1 Ans

On 1st July, 2022, A drew a bill for ₹ 50,000 on B payable after 3 months. A discounted it with the bank for ₹ 48,500

2.57K viewsAnurag Pathak Changed status to publish October 25, 2023Bills of Exchange

0 Votes 1 Ans

Ram draws a bill for ₹ 2,000 on Shyam on 15th September, 2020 for 3 months. On maturity, Shyam failed to honour the bill

2.02K viewsAnurag Pathak Changed status to publish October 25, 2023Bills of Exchange

0 Votes 1 Ans

Mohan draws a bill on Jagat for ₹ 10,000 payable 2 months after date. Immediately after its acceptance, Mohan sends the bill to his bank for collection

2.16K viewsAnurag Pathak Changed status to publish October 25, 2023Bills of Exchange

0 Votes 1 Ans

A sold goods to B for ₹ 20,000. B accepts two bills of ₹ 10,000 each for 3 months. A endorsed one bill to C

3.00K viewsAnurag Pathak Changed status to publish October 25, 2023Bills of Exchange

0 Votes 1 Ans

On 10th July, 2020, A sold goods to B for ₹ 35,000. He drew on him a 3 months bill for ₹ 35,000

2.55K viewsAnurag Pathak Changed status to publish October 25, 2023Bills of Exchange

0 Votes 1 Ans

A sold goods to B for ₹ 20,000 on credit of 3 months. B accepted a draft for the amount. The draft was endorsed in favour of C, who got the payment on maturity

2.39K viewsAnurag Pathak Changed status to publish October 25, 2023Bills of Exchange

0 Votes 1 Ans

A owed B ₹ 8,000. He gave a bill for the same on 1st August, 2020 payable after 4 months at the Bank of India, Chandni Chowk, Delhi

2.48K viewsAnurag Pathak Changed status to publish October 25, 2023Bills of Exchange

0 Votes 1 Ans

A drew a bill of ₹ 1,000 on B which was duly accepted by the latter. A endorsed the bill to C in full payment of his own acceptance to C for a like amount

2.28K viewsAnurag Pathak Changed status to publish October 25, 2023Bills of Exchange

0 Votes 1 Ans

Vinod sold goods to Darbara for ₹ 10,000. Vindo drew on the latter a bill for the amount payable 3 months after date

2.52K viewsAnurag Pathak Changed status to publish October 25, 2023Bills of Exchange

0 Votes 1 Ans

Dinesh received from Shridhar an acceptance for ₹ 9,000 on 1st September, 2022 at 3 months. Dinesh got the acceptance discounted at 9% p.a. from his bank

2.77K viewsAnurag Pathak Changed status to publish October 25, 2023Bills of Exchange

0 Votes 1 Ans

Mohan sold goods to Kumar for ₹ 10,000. He drew on him a bill for ₹ 10,000 payable 3 months after the date

2.75K viewsAnurag Pathak Changed status to publish October 25, 2023Bills of Exchange

0 Votes 1 Ans

On 1st January, 2023, A sold goods to B for ₹ 10,000. A drew on B a bill for the amount payable 3 months after date. The bill was duly accepted by B

3.37K viewsAnurag Pathak Changed status to publish October 25, 2023Depreciation

0 Votes 1 Ans

On 10th March, 2023, Gopal draws on Sanjay a bill at 3 months for ₹ 20,000 which Sanjay accepts immediately and returns to Gopal. The bill is honoured on due date

2.65K viewsAnurag Pathak Changed status to publish October 25, 2023Bills of Exchange

« Previous 1 2 … 8 9 10 11 12 … 24 25 Next »

Question and answer is powered by anspress.net