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bills of exchange

Dhrupal Solanki (9 Points)

08 May 2018

why we charged dishounered charges on the dishounered bills of receivable

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Anuj Jain (pqr) (94 Points)
Replied 08 May 2018

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

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Dhrupal Solanki (9 Points)
Replied 08 May 2018

Thanks giving me the answer

Anuj Jain (pqr) (94 Points)
Replied 08 May 2018

r u satisfied with the answwe

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