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Discussion

Preparation for CA - CPT - Accounting
(7)

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A bill is drawn on 12 June 2014 for Rs. 10,000 for 2 months, what would be the Due date ?

 
15/08/2014
16/08/2014
14/08/2014
None of above

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Kamana

12 june + 2months + 3 days of grace = 15 aug ..which is holiday so the day before
ie. 14 aug

Eswareestar

The due date comes on 15th so its presiding datewill be due date

Gowtham Rajan

15/08 is an govt holiday due to independence day so it should be the presiding day

M Geetha

Because we have to even calculate the grace days