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Bills of exchange

Accountancy

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

lohita Prava

CA Final

★ 35

02-May-20 13:35

615

Answers (3)

I think increase in debtors and less from bank

Nandini S

CA Foundation

★ 1K+

02-May-20 16:21

I guess that's what happens. Thank you

Thread Starter

lohita Prava

CA Final

★ 35

02-May-20 16:37

Yes

Sriram Somayajula

Admin

03-May-20 09:39