Chapter 23 Bills Of Exchange
12th Grade
•14 Qs
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Chapter 23 Bills Of Exchange
Quiz
•
Other
•
12th Grade
•
Practice Problem
•
Hard
SZE YAU CHEE
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14 questions
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1.
FILL IN THE BLANK QUESTION
3 mins • 1 pt
A sold goods to B.
What is the double entry in Drawer's books?
2.
FILL IN THE BLANK QUESTION
3 mins • 1 pt
Bill drawn by A was duly accepted by B.
What is the double entry in Drawer's books?
3.
FILL IN THE BLANK QUESTION
3 mins • 1 pt
Bill accepted by B was met on maturity.
What is the double entry in Drawer's books?
4.
FILL IN THE BLANK QUESTION
3 mins • 1 pt
Bill accepted by B was dishonoured on due date. A noting charges was paid by A.
What is the double entry in Drawer's books?
5.
FILL IN THE BLANK QUESTION
3 mins • 1 pt
A discounted a bill (which was accepted by B) to bank, and incurred a charges.
What is the double entry in A's books?
6.
FILL IN THE BLANK QUESTION
3 mins • 1 pt
Bill discounted one-month ago (which was accepted by B) was dishonoured on due date.
What is the double entry in Drawer's books?
7.
FILL IN THE BLANK QUESTION
3 mins • 1 pt
A negotiated a Bill (which was accepted by B) for C.
What is the double entry in Drawer's books?
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