Final accounts

Accountancy

Final accounts

Hansika Mahadev

CA Inter

★ 150

29-Jan-22 23:24

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Answers (4)

What's your doubt in this question?

Sahibdeep Singh

CA Inter

★ 14K+

30-Jan-22 13:12

In 8 th adjustment where will the two effect will come

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Hansika Mahadev

CA Inter

★ 150

31-Jan-22 09:33

Thread Starter

Hansika Mahadev

In 8 th adjustment where will the two effect will come

Upon dishonour of discounted bill, entry is Drawee A/c .. Dr to Bank. So here we shall increase debtors balance and reduce bank balance, writing a note assuming dishonour is yet to be recorded in books of accounts

Sahibdeep Singh

CA Inter

★ 14K+

31-Jan-22 10:02

Ok thank you so much

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Hansika Mahadev

CA Inter

★ 150

31-Jan-22 10:37