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  • Errors which are made while recording transactions in the journal and posting them in the ledger are called: #751
  • Goods were purchased from John for $2,000 with no entry made in the purchases book. This is an example of: #752
  • As per the accounting double-entry system, when expense increases, it is ___________. #753
  • A bill of exchange can not be ______. #754
  • Encashing the bill before the date of its maturity is called ______. #755
  • On dishonour of a discounted bill, who does the bank look for payment? #756
  • Due date of a bill of exchange drawn on 30th January 2011 for one month will be ______. #757
  • The party which is ordered to pay the amount of bill of exchange is called ______. #758
  • In the case of term bill, extra three days are given to the acceptor are called? #759
  • When an acceptor refuses to pay the amount of bill to the holder of a bill on its maturity, is called? #760
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