55. Financial Accounting "Bills Of Exchange" - When the Bill is discounted with Bank

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[@iamlonelyiamlonely23]

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[@akhilmsaimotivateyourself5426]

Thank u mam for ur clear picture regarding bills discounted mam

[@bablulucky9426]

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Very very useful thanks a lot

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U r explanation is very easy

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Thank you so much mam 🙂 exallent explanation 👏🙇🏽‍♀️

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[@ramavathchandruramavath394]

Thank you mam.... 😊

[@iamlonelyiamlonely23]

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[@pearl___crafty]

Mam how will we calculate discount if he discount it after the next day he received it?

[@udayakumarmv]

Drawer A is allowing discount to drawee B. What is the role of bank in the phrase, when bill discounted with the bank.. I request you wat is the meaning of bank here.

[@prathapyadav4272]

Thank u mam I can easily understood

[@jangambhumagoud7801]

Thank u so much mam

[@rameshjadi7283]

Tq mam i can easily understood

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[@user-wn9wn4vl8n]

In bills of exchange how many topics are involved in 2nd semester

[@jahnavipeddinti7852]

Thank u mam...... 😍😍

[@kirantv6350]

Hello good evening mam , the bill is discounted with bank right mam . Please answer my doubt mam please

[@manasagattupalli6984]

Yes, i doubt the same. There won't be journal entries in the books of Drawee. As the bill is discounted by Bank. So we have to make journal records as per the books of Bank. This is what i learned. Please explain why does it happen?

[@deshmukhlaxmi488]

#Thank You Mam❤🙌✨!

[@kavyanagendra2429]

Thank u madam

[@chinnapaleti6728]

Hello ma'am I have a query that is how can the drawer discount the bill before the due date of bill

[@ANIRUDH_6]

Madam, at last 'B' will pay that money to bank no madam, because 'A' discounted bill with bank and on due date bank will collect money from 'B' no? But you have written bills payable a/c dr to cash rather than bank. Pls reply this madam, am I correct or wrong?

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Mam why would we give him discount if giving the funds early how does that matter as the drawee however has to give the money for the goods they have bought....

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Mam dishonoured entries

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I don't know how to calculate discount 😭

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[@knssvapparao8911]

Madam, I have a doubt. If bill is discounted and discount amount is going to purchaser, then in the drawee account also we should write as discount receiving . please give the reply madam.

[@umarop5254]

No it doesn't make any change in drawee bcoz bank will collect 10000 rs from the drawee later and that discount amout is taken by bank and remaining is givento drawer

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In Telugu mma😢😢😢😢

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Hyderabad

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Thank you mam