Bills of Exchan...

On receipt of goods sent on consignment what entry is passed by the consignee.

Bills receivable endorsed are debited to ___________.

When a Bill of Exchange is endorsed by the drawer in favour of third party, what entry is passed by the drawee of the bill of exchange

From the following details calculate abnormal profit/loss on the stock lost in transit ____________.
Goods sent on consignment $$(100)=$$ Rs. $$90,000$$
Goods lost in transit $$(2)=$$
Insurance claim received for goods lost in transit Rs. $$2,521$$.
Goods sold by the consignee $$(80)$$ Rs. $$108,000$$
Consignor expenses Rs. $$6,020$$
Consignee expenses Rs. $$9,500$$ which includes Rs. $$5,400$$ sales commission and Rs. $$2,000$$ godown rent.

At the time of drawing a bill, the drawer credits _____________.

Mental Health Care Bill 2016 seeks to
1. Decriminalise suicide
2. Prohibit electro-convulsive therapy
3. Provide right to make Advance Directives
4. Provide for seclusion and solitary confinement in few cases

X sent some goods to Y to be sold on consignment basis. $$2/3$$rd of the goods costing Rs. $$70,000$$ were sold at Rs. $$90,000$$. Find the value of goods sent on consignment basis _________.

Which of these is/are not actionable claim?

A draws a bill on B for Rs$$5000$$. A endorsed it to C. C endorsed it to D. The payee of the bill will be ______.

On 1.1.05 X draws a bill on Y for Rs. 20,000 for 3 months. At maturity Y requests X to renew the bill for 2 months at 12% p.a interest. Amount of interest will be _________.