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Answer the Following Question in One Sentence Only. When is the Bill Said to Be Honoured? - Book Keeping and Accountancy

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प्रश्न

Answer the following question in one sentence only.
When is the bill said to be honoured?

एका वाक्यात उत्तर

उत्तर

When the amount specified in the bill of exchange is paid by the acceptor (i.e. the drawee) on the due date, it is called the honouring of the bill.

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Honouring of Bill
  या प्रश्नात किंवा उत्तरात काही त्रुटी आहे का?
पाठ 9: Bill of Exchange (Trade Bill) - Exercise 1 [पृष्ठ ३१६]

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मायकल वाझ Book Keeping and Accountancy [English] 12 Standard HSC Maharashtra State Board
पाठ 9 Bill of Exchange (Trade Bill)
Exercise 1 | Q 7 | पृष्ठ ३१६
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