Accounting Mcqs

Under which of the following situations, is journal entry not passed in the books of the drawer?

(A) When a discounted bill is honoured by the drawee on the due date

(B) When a bill is sent to the bank for collection

(C) When a bill is renewed at the request of the drawee

(D) When a debtor accepts a bill drawn by the drawer

Submitted By: Ali Uppal

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