Chapter 23 Bills Of Exchange
Authored by SZE YAU CHEE
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12th Grade
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14 questions
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1.
FILL IN THE BLANKS QUESTION
3 mins • 1 pt
A sold goods to B.
What is the double entry in Drawer's books?
(a)
2.
FILL IN THE BLANKS QUESTION
3 mins • 1 pt
Bill drawn by A was duly accepted by B.
What is the double entry in Drawer's books?
(a)
3.
FILL IN THE BLANKS QUESTION
3 mins • 1 pt
Bill accepted by B was met on maturity.
What is the double entry in Drawer's books?
(a)
4.
FILL IN THE BLANKS 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?
(a)
5.
FILL IN THE BLANKS 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?
(a)
6.
FILL IN THE BLANKS 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?
(a)
7.
FILL IN THE BLANKS 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?
(a)
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