Cpt topic-bills of exchange

alfiya (student) (133 Points)

08 May 2015  
A draws a bill on Y of Rs150000. At maturity, the bill returned dishonoured , noting charges Rs. 1500. 40 paisa in a rupee is recovered from B's estate. The amount of deficiency to be recorded on insolvency in the books of B would be: A. 60600 B. 90900 c. 58400 D. 57000