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प्रश्न
Give one word/phrase/term which can substitute the following statement:-
Bill of exchange drawn and accepted without any valuable consideration.
उत्तर
Bill of exchange drawn and accepted without any valuable consideration. - Accommodation bill.
APPEARS IN
संबंधित प्रश्न
The due date of the bill drawn for 2 months on 23rd Nov. 2019 will be ____________.
When a bill is drawn for 2 months after date on 3rd Jan. 2020, its due date will be ___________.
When Acceptor or Drawee does not pay the amount of bill to the holder on the due date it is known as ___________ the bill.
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:
Conversion of Bill of Exchange into its present value.
State True or False with reason:-
Discounting is a device to convert the bill into its present value.
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.
State True or False with reason:-
If a bill is drawn payable ‘on-demand’ no grace days are allowed.
Find the odd one:-
Answer in one sentence.
What do you mean by rebate?
Do you agree or disagree with the following statement:-
The person in whose favour the bill is endorsed is known as endorsee.
Do you agree or disagree with the following statement:-
In case of bill drawn payable ‘on-demand,’ no grace days are allowed.
Prepare a format of bill of exchange from the following.
Drawer: Kashmira Shah, Partner M/S Shah, and Shah, 2-C, Matruchaya Building, Akola. Drawee: Dhanashree Traders, Bangalore Road, Belgaum. (Signed by Jayashree, Partner) Payee: M/S Janki Traders, Akola.
Amount : ₹ 64,500
Period of Bill : 3 months
Date of drawing: 12th Sept. 2019
Date of acceptance: 15th Sept. 2019
Prepare a demand bill with imaginary Drawer, Drawee, Address, Amount, and Date.
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.
Complete the following Table:
| Date of Drawing | Date of Acceptance | Payable | Due Date |
| 30. 1. 2019 | 1. 2. 2019 | 60 Days After Date | ? |
Complete the following table:
| Date of drawing | Date of acceptance | Payable | Due date |
| 23 - 12 - 22 | 26 - 12 - 22 | 1 month after date | ? |
| 28 - 01 - 23 | 28 - 01 - 23 | 1 month 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.
Give one word/phrase/term that can substitute for 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 ______.
Give one word/phrase/term which can substitute in the following statement:-
Conversion of Bill of Exchange into its present value.
Give one word/phrase/term which can substitute 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 ______.
