Find out the amount of bills matured during the year on the basis of information given below nb...........

Accountancy (11th) Chapter-11 Accounts from Incomplete Records

Find out the amount of bills matured during the year on the basis of information given below; (3 marks)

	Rs
Bills payable dishonoured	37,000
Closing balance of Bills payable	85,000
Opening balance of Bills payable	70,000
Bills payable accepted	90,000
Cheque dishonoured	23,000

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