Bill of Exchang...

X draws a bill of exchange on Y for $$Rs. 20,000$$ payable in $$3$$ months. On the due date Y could not make the payment and Y got it notified from the Notary Public on payment of noting charges of $$Rs. 100$$. Y requested him to draw a fresh bill for another three months at $$12$$% interest p.a. The amount of fresh bill will be ___________.

______ bears the expenses of noting charges on dishonourment of a bill of exchange.

A draws a bill of exchange of $$Rs. 8,000$$ on B for $$4$$ months on $$15th\ April$$. What is the due date if on the due date a public holiday is suddenly declared?

A draws a bill of exchange of $$Rs. 4000$$ on B on the $$15th\ August$$ payable $$30$$ days after date. The due date of the bill will be _________.

At the time of endorsement of a bill, the drawee debits ___________.

Acceptances received and recorded in bills receivable book are transferred ______________.

Ram drew a bill on Shyam for Rs. 4,500 for mutual accommodation in the ratio 2:1. Shyam accepted the bill and returned to Ram. Ram discounted the bill for Rs. 4,230 and remitted 1/3rd proceeds to Shyam. Before the due date, not having funds to meet the bill, Shyam drew a bill on Ram for Rs. 6,300 on the same terms as to mutual accommodation. The second bill was discounted for Rs. 6,120. The first bill was honoured on the due date and a net amount of Rs. 1,080 was remitted to Ram by Shyam. What will be the proportionate discount charged on the second bill to be borne by Ram?

A draws a bill on B for Rs. 50,000 for 3 months. At maturity, the bill returned dishonored , noting charges Rs. 500. 40 paise in a rupee is recovered from B's estate. The amount of deficiency to be recorded on insolvency in the books of B will be __________.

At the time of retirement of a bill, the receiver debits ___________.

Ram draws on Mohan a bill for Rs. 60,000 on April 1, 2005 for two months. Mohan accepts the bill and sends it to Ram, who gets the bill discounted for Rs. 58,800. On the due date, Mohan could not the pay the money as promised. Which account will be credited by Ram to record the dishonour of the bill?