IndigoLearn

Forums

Bills of exchange

James owes Don Rs.3200;he send Dons own acceptance in favour of Ralph for Rs.3160;in full settlement. How to understand this and what would be the journal entry in the books of Don?


S.P. RAYAN

S.P. RAYAN

CA Inter

3K+

24-Nov-20

49

Answers (3)

Best Answer

May be you understand.

Attachments

9bf2c771-7f98-44b9-8350-9863a8700be4.jpg


Abhishek Verma

Abhishek Verma

CA Inter

3K+

25-Nov-20

Abhishek Verma

May be you understand.

Thank you Abishek.I understood it


Thread Starter

S.P. RAYAN

S.P. RAYAN

CA Inter

3K+

25-Nov-20

Welcome brother


Abhishek Verma

Abhishek Verma

CA Inter

3K+

25-Nov-20

Flash Sale Byte size
Past_Exams
EMI
Tally + Excel Free
Inter Testimonials
Testimonials CA Foundation July 21
Refer
Quote
Excel Launch
Study Planner
Fundamentals of Blockchain
Financial Modelling