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प्रश्न
Give one word/phrase/term which can substitute the following statement:
Conversion of Bill of Exchange into its present value.
उत्तर
Discounting of the bill
APPEARS IN
संबंधित प्रश्न
Before acceptance the bill is called a __________.
When a bill is drawn for 2 months after date on 3rd Jan. 2020, its due date will be ___________.
Give one word/phrase/term which can substitute the following statement:-
Cancellation of bill on maturity in return of a new bill for extended period of credit.
Give one word/phrase/term which can substitute the following statement:-
Bill of exchange drawn and accepted without any valuable consideration.
State True or False with reason:-
Acceptance of bills without making any changes in the terms of the bill is called qualified acceptance.
State True or False with reason:-
If a bill is discounted by the holder, no entry is passed in his book when the bill is honoured on the due date.
Answer in one sentence.
What do you mean by rebate?
Do you agree or disagree with the following statement:-
A bill of exchange need not be dated.
Complete the following Table
| Date of Drawing | Date of Acceptance | Payable | Due Date |
| 30.1.2019 | 1.2.2019 | 60 days after date | |
| 17.8.2019 | 21.8.2019 | 3 months after sight | |
| 23.12.2019 | 26.12.2019 | 1 months after date | |
| 28.1.2020 | 28.1.2020 | 1 months after date | |
| 30.6.2019 | 2.7.2019 | 45 days after date |
Kantilal, 343/D, Palm Heights, Jogeshwari, drew a bill on 10th Oct. 2019 for ₹ 63,490 for 45 days after date on Shantilal, B2, Himalaya Towers, Baramati, payable to Priyanka, Satara. The bill was accepted on 13th Oct. 2019 for 60 days.
Prepare a format of bill of exchange from the above details.
Prepare a format of bill exchange from the following details :
Rahul Sane, 86-D, Raviwar Peth, Nagpur accepted the bill drawn on him by Prithviraj, Icon Heights, Wardha for ₹ 87,000 on 30th July 2019. The bill was drawn on 26th July 2019 for ₹ 1,00,000 for 90 days after date.
Give one word/phrase/term which can substitute the following statement.
Conversion of Bill of Exchange into its present value.
Complete the following Table:
| Date of Drawing | Date of Acceptance | Payable | Due Date |
| 30. 1. 2019 | 1. 2. 2019 | 60 Days After Date | ? |
Give Specimen of Bill of Exchange:
Drawer: Bhadresh Shah, A-101, Sakar flats, Bhopal
Drawee: Samir Patel, 105, Himalaya Tower, Indore
Amount: ₹ 70,000
Period of Bill: 60 days after date
Date of Bill: 10th October, 2022
Date of Acceptance: 12th October, 2022
The due date of the bill drawn for 2 months on 23rd Nov. 2019 will be ______.
Give one word/phrase/term which can substitute of the following statement:-
Conversion of Bill of Exchange into its present value.
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 ______.
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 ______.
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 ______.
The due date of the bill drawn for 2 months on 23rd Nov. 2019 will be ______.
