P draws a bill for Rs 2,000 on Q who accepts and returns it to P on the same date. P sent the bill to his banker for collection. On the due date the bill is dishonoured by Q. Which account shall be debited in drawer`s books?
None of these
Bill sent for collection account
The correct entry would be:
|Q A/c Dr||2000|
|To Bill sent for collection A/c||2000|