Chapter 23 Bills Of Exchange

Chapter 23 Bills Of Exchange

12th Grade

14 Qs

quiz-placeholder

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Chapter 23 Bills Of Exchange

Chapter 23 Bills Of Exchange

Assessment

Quiz

Other

12th Grade

Practice Problem

Hard

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SZE YAU CHEE

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14 questions

Show all answers

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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