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On 1st January 2012 X drawn of Rs 20 000 on...

This question belongs to Commerce Accounting
Accounting
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On 1st January 2012 X drawn of Rs. 20,000 on Y for three months. X discounted the bill with bank for Rs. 19,900. On due date, the bill was dishonoured. For dishonour in the books of X. Bank account will be credited by

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Correct Answer: Option B
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