Prepare the suitable accounts and find out the missing figure if any:

1.	Prepare the suitable accounts and find out the missing figure if any: Rs.Opening balance of debtors14,00,000Opening balance of bills receivable7,00,000Closing blaance of bills receivable 3,50,000Cheque dishonoured27,000Cash received from debtors10,75,000Cheque received and deposited in the banks8,25,000Discount allowed37,500Irrecoverable amount17,500Return Inwards28,000Bills receivable received from customers1,05,000Bills receivable matured2,80,000Bills discounted65,000Bills endorsed to creditors70,000
Answer» Prepare the suitable accounts and find out the missing figure if any: $\begin{matrix} Rs. Opening balance of debtors & 14, 00, 000 Opening balance of bills receivable & 7, 00, 000 Closing blaance of bills receivable & 3, 50, 000 Cheque dishonoured & 27, 000 Cash received from debtors & 10, 75, 000 Cheque received and deposited in the banks & 8, 25, 000 Discount allowed & 37, 500 Irrecoverable amount & 17, 500 Return Inwards & 28, 000 Bills receivable received from customers & 1, 05, 000 Bills receivable matured & 2, 80, 000 Bills discounted & 65, 000 Bills endorsed to creditors & 70, 000 \end{matrix}$

Prepare the suitable accounts and find out the missing figure if any: Rs.Opening balance of debtors14,00,000Opening balance of bills receivable7,00,000Closing blaance of bills receivable 3,50,000Cheque dishonoured27,000Cash received from debtors10,75,000Cheque received and deposited in the banks8,25,000Discount allowed37,500Irrecoverable amount17,500Return Inwards28,000Bills receivable received from customers1,05,000Bills receivable matured2,80,000Bills discounted65,000Bills endorsed to creditors70,000

Answer»

$\begin{matrix} Rs. Opening balance of debtors & 14, 00, 000 Opening balance of bills receivable & 7, 00, 000 Closing blaance of bills receivable & 3, 50, 000 Cheque dishonoured & 27, 000 Cash received from debtors & 10, 75, 000 Cheque received and deposited in the banks & 8, 25, 000 Discount allowed & 37, 500 Irrecoverable amount & 17, 500 Return Inwards & 28, 000 Bills receivable received from customers & 1, 05, 000 Bills receivable matured & 2, 80, 000 Bills discounted & 65, 000 Bills endorsed to creditors & 70, 000 \end{matrix}$

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