Amount that cannot be paid by acceptor on account of inslovency is known as __________. - Book Keeping and Accountancy

Amount that cannot be paid by acceptor on account of inslovency is known as __________.

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Amount that cannot be paid by acceptor on account of inslovency is known as deficiency.

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Chapter 7: Bills of Exchange - Exercise 7.1 (Objective Questions) [Page 302]

Chapter 7 Bills of Exchange
Exercise 7.1 (Objective Questions) | Q E. 3) | Page 302