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प्रश्न
A bill whose due date is calculated from the date of acceptance is known a ___________.
उत्तर
A bill whose due date is calculated from the date of acceptance is known an After sight bill.
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संबंधित प्रश्न
Notary Public is ___________.
Give one word/phrase/term which can substitute the following statement:-
Person who is in possession of Bill of Exchange.
Find the odd one:-
Person whose liabilities are more than his assets and is not in position to pay off his liabilities is _________.
Amount that cannot be paid by acceptor on account of inslovency is known as __________.
A bill of exchange payable after a certain period is known as _________.
A bill which is drawn and accepted with valuable consideration is known as ___________.
A person who draws the bill of exchange is known as __________.
Recording the fact of dishonour of Bill is known as ___________.
When Drawee accepts the bill payable at a particular place only, it is known as _________.
Fees charged by the bank for collection of bill on behalf of holder is ____________.
Answer in one sentence.
What are days of grace?
Answer in one sentence.
What is relationship between Drawer and Drawee?
A bill of exchange is a conditional order.
Define bill of exchange.
Write a short note on:
Endorsement of a bill
Write a short note on:
Discounting of a bill
Give Specimen of Bill of Exchange:
- Drawer: Mr. Ram Das, Pune
- Drawee: Mr. Kapil Deo. Mumbai
- Amount: ₹ 1,05,000
- Tenure : 3 Months
- Date of Bill: 3rd March. 2020
- Date of Acceptance: 7th March, 2020
Rajesh sold goods on credit to Sulochana for ₹ 25,000. Rajesh draws a bill for ₹ 25,000 on Sulochana for 3 months. Rajesh discounted the bill with his bank @ 10% p.a. on the same day. On the due date of bill, Sulochana requested Rajesh to accept ₹ 5,000 including ₹ 1,000 for interest and to draw a bill for the balance for 3 months. Rajesh agreed to this proposal. One month before the due date, Sulochana retired the bill for ₹ 20,200.
Pass necessary Journal Entries in the books of Rajesh.
The due date of the bill drawn for 2 months on 23rd Nov. 2019 will be ______.
The due date of the bill drawn for 2 months on 23rd Nov. 2019 will be______.
Give one word/phrase/term which can substitute the following statement:-
Conversion of Bill of Exchange into its present value.
A bill of exchange is a ______.
Calculate legal due date for the following:
| Date of Bill | Period | Legal due date |
| 19th Jan. 2022 | 60 days | ? |
The due date of the bill drawn for 2 months on 23rd Nov. 2019 will be ______.
Give one word/phrase/term which can substitute the following statement:-
Conversion of Bill of Exchange into its present value.
