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C.p.t doubt in accounts

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Querist : Anonymous

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Querist : Anonymous (Querist)
20 October 2013 on making a promissory note,the maker records in:
a)journal proper
b)bills reeivable book
c)bills payable book
d)none of these

please explain!

20 October 2013 For maker it is liability. So he will journal proper and in balance sheet it will written on liability side.



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