Calculate the amount of bills receivable dishonoured from the following information 3 mark...........

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

Calculate the amount of bills receivable dishonoured from the following information. (3 marks)

	Rs
Opening balance of bills receivable	1,20,000
Bills collected (honoured)	1,85,000
Bills receivable endorsed	22,800
Closing balance of bills receivable	50,700
Bills receivable received	1,50,000

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