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In the books of the drawer, the accounting treatment involved on receipt of a bill of exchange duly accepted by the drawee is?
Accountingmedium
A, statement (i)
B, combination of (ii) and (iv)
Both (i) and (iii) above
Dcombination of (i) and (iv) are incorrect.
Correct Answer: C. Both (i) and (iii) above
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