Depreciation — Account STD 11 Commerce — Question

The person in whose favour an endorsement is made is called ____________.

State the account to bre debites or credited in the following situation:
Books of Drawer:-
When a discounted bill is dishonoured, the account to be debited is ___________ and the account to be credited is ___________.

Due date of a bill of exchange drawn on 31st January 2017 for one month will be ____________.

Payee of a bill can get the amount of it before its due date by getting it ____________.

Amount which the proprietor has invested in a business is known as _______.

Due date of a bill of exchange drawn on 31st January 2017 for one month will be ____________.

Due date of a bill of exchange drawn on 30th January 2017 for one month will be ____________.

Under fixed instalment method, depreciation is calculated by deducting the ________value from the ________ cost of the asset.

Due date of a bill of exchange drawn on 23rd October 2016 for 3 months will be ____________.

Premium paid on the life insurance policy of the proprietor will be debited to __________ A/c.