IndigoLearn

Forums

Bill of exchange (renewal)

In this question, is it mandatory to write those 2 entries i.e 1 entry for interest due and another entry for receipt, Or is it enough if I write this entry:- Bank a/c. Dr 51500 To interest a/c 1500 To Rita a/c. 50000

IMG_20220806_122017.png

Monisha

Monisha

CA Foundation

825

1 day ago

34

Answers (4)

Yes.You should show how much interest is due.Then only you can record receipt entry.You will do this to show more clarity on your understanding of the concept.


Yazhini C V

Yazhini C V

CA Inter

315

1 day ago

Yes u can


Bala Chandar

Bala Chandar

CA Foundation

12K+

1 day ago

Yes .


Divy Degda

Divy Degda

CA Inter

750

1 day ago

Single is also fine.


Suraj Lakhotia

Suraj Lakhotia

Admin

1 day ago

ACCA Webinar
BLR STUDENTS MEET
CBE Students meet
Meet Rajyalakshmi
Testimonials CA Inter May'22
Live Interview | AIR 1 & 2
ACCA Launch
CLAW Inter - Live H + E
Scholarship
Nov 22 exams
Quote for the Day
Past_Exams
Combo Discounts
Wishes to Rankers
CA Foundation Testimonials
Study Planner
Tally + Excel Free
Upgrade your Skills
FR + SFM
Refer
EMI