A bill of exchange of Rs. 2000 is endorsed in favour of Krishan a creditor of Rs.2100 in full settlement. By what amount Krishan will be debited?

Rs 1900

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Rs 2000

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Rs 2100

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None of the above

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Solution

The correct option is C
Rs 2100

Krishan will be debited by Rs 2100.

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A bill of exchange of Rs. 2000 is endorsed in favour of Krishan a creditor of Rs.2100 in full settlement. By what amount Krishan will be debited?

The correct option is C Rs 2100 Krishan will be debited by Rs 2100.

The correct option is C
Rs 2100

Krishan will be debited by Rs 2100.