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Bills of exchange

When a bill discounted is dishonoured, what are the changes in the balance sheet?


Akshita  Prava

Akshita Prava

CA Foundation

35

02-May-20 13:35

19

Answers (3)

I think increase in debtors and less from bank


Nandini S

Nandini S

CA Foundation

1K+

02-May-20 16:21

I guess that's what happens. Thank you


Akshita  Prava

Akshita Prava

CA Foundation

35

02-May-20 16:37

Yes


Sriram Somayajula

Sriram Somayajula

Admin

03-May-20 09:39