=+1.* On 1st July, 1962, WiUiams owes Dixon 1,200 and immediately accepts three bills of 400 each

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=+1.* On 1st July, 1962, WiUiams owes Dixon £1,200 and immediately accepts three bills of £400 each due respectively in one, two and four months.

The first bill is retained by Dixon and is met in due course; the second is discounted (charges £4) and is met in due course; the third is also discounted (charges £2) and is dishonoured; the notarial charges are 10/-.

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Accounting Principles And Practice

ISBN: 9781483169354

1st Edition

Authors: S. Hall, N. Skene Smith

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Question Posted: Sep 02, 2024 04:01 AM

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=+1.* On 1st July, 1962, WiUiams owes Dixon 1,200 and immediately accepts three bills of 400 each

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Accounting Principles And Practice

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