If Ram's acceptance which was endorsed by us in favour of Saleem is dishonoured, then the amount will be debited in our books to

Question

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When an acceptance (a promise to pay) endorsed by a party (in this case, "us") in favor of another party (Saleem) is dishonoured, the amount is debited to the account of the party who initially accepted the bill, which is Ram. This is because Ram's failure to honor the bill causes a financial loss that needs to be accounted for, and it is debited to Ram's account to reflect this liability.

If Ram's Acceptance Which Was Endorsed by Us in Favour