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Management Sciences
MEDIUM
ENGLISH
Management Sciences
When bill discounted with the bank is dishonored?
Acceptor‘s Account is debited in the books of drawer
Correct answer
B
Bills Receivable Account is credited in the books of drawer
Option B
C
Bank Account is debited in the books of drawer
Option C
D
Bills Payable Account is debited in the books of drawer
Option D
Correct answer: A
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