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Subject: Accountancy, asked on 10/1/20

Neha sold goods of rs 7000 to chanda.on 1st February,2016, neha received one month's promissory note of rs 6800 in full settlement of Chanda's account.neha transferred this promissory note immediately to sheffali in full settlement of her account of rs 10000 and for the remaining amount neha sent a cheque to sheffali.bill was honoured on due date

Subject: Accountancy, asked on 2/1/20

On 10july,2018,A sold goods to B for?35000 plus IGST @ 18%. He drew on him a 3 month's bill for?35000and received cheque for the balance amount. B accepted the bill. After 10 days,A endorsed the bill to his creditor C. on due date, acceptance is duly met.

Subject: Accountancy, asked on 12/2/19

Anil sold goods to Mukesh for rupees 20000 taking a bill of exchange at 3 months dated 1st August 2006 on 4th October 2006 and I got the bill discounted at 6% per annum with his bankers at maturity the bill was returned by the banker's Dishonored with Rs 50 as noting charges Mukesh paid 10000 and expenses immediately and accepted another bill at 3 months from the balance amount and interest at 6% per annum but before maturity bouquets becomes insolvent and ultimate leap 86 60 paise in a Rupee past general entries in the books of Anil

Subject: Accountancy, asked on 3/11/18

Help me out please!

Subject: Accountancy, asked on 30/9/18

Please solve this .

Subject: Accountancy, asked on 20/2/18

Bills of exchange ques
9. 9. On 1st January,2017, Vishnu sold  goods of Rs 15,600 to Shanker and for   this amount Shanker gave 
a two months' bill of Rs 12,600 and  a cheque of Rs 2,400 which was immediately deposited into bank.
Vishnu immediately discounted this bill from the bank for Rs 12,300. On the due date, Shanker
could not pay this bill and Vishnu had to pay it along  with noting charges of Rs100. On the next
day, Shanker sent a new bill of 4 months in exchange of the first bill and paid in cash the noting 
charges and interest @9% p.a. On 5th July,2017 , Shanker became insolvent and on 15th July,2017
amount was realised from his estate @ 40 paise in a rupee.
Give the Journal entries in the books of Vishnu and Shanker.Prepare Vishnu's account in the 
books of Shanker and Shanker's Account in the books of Vishnu.​
 

Subject: Accountancy, asked on 30/12/17

Why are noting charges paid by the drawer or by the bearer at the time of dishonour of a bill? And to whom are these charges paid?

Subject: Accountancy, asked on 15/11/17

Solve this:

Subject: Accountancy, asked on 15/9/17

Write in the box of Ajit for following:
Ajit sold on credit goods cost 1200 to Vimal on 5th May 2016 write three bills on him which accept by Vimal. These bills was 500, 400 and 300 and four, three and two months respectively. Ajit endrosed first bill to Rakesh in full settlement of amount 525. Ajit discounted rate of annual interest 4.5% of second bill on 19th may by own banker. Third bill's full amount pay to Ajit cut the rebate of 5% annual interest on 5th June. First and second base dishonoured on due dates.

Subject: Accountancy, asked on 24/2/17

state 3 reasons of dishonour of a bill.

Subject: Accountancy, asked on 1/3/16

journal entry for bill sent to bank for collection

Subject: Accountancy, asked on 4/2/16

A made a bill on B FOR 2000 in full settlement of 2050 on 1 feb 2015 for 3 months.A endorsed it to C on 5 march in full settlement of 2100 and bill met on due date pass entries in Aand C

Subject: Accountancy, asked on 21/1/16

explain in brief about endorsement of bill

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