Multiple Choice Questions on Liability for a discounted bill is a ........ for Commerce ( 11 and 12th) Preparation

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Multiple Choice Questions

Liability for a discounted bill is a ........

Accountancy (11th) Chapter-8 Bills of exchange
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    Liability for a discounted bill is a

    Contingent Liability

    Correct Answer

    Fixed Liability

    Incorrect Answer

    Current Liability

    Incorrect Answer

    None of the above

    Incorrect Answer
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    Explanation:

    Contingent Liability

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