bills of exchange

CPT 218 views 3 replies
why we charged dishounered charges on the dishounered bills of receivable
Replies (3)
we dont charged dishonoured charges...in case of dishonour of bill , if bill is noted by the drawer or holder of bill than in such a case noting charges are recoverable from drawee......drawer will not bear the burden of noting charges.....
entry in the books of drawer...
drawee a/c. dr....
to b/r a/c.......
entry in the books of drawee......
b/p a/c .....dr
noting charges a/c ..dr
to drawer a/c
Thanks giving me the answer
r u satisfied with the answwe


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register