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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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