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Prepare a demand bill with imaginary Drawer, Drawee, Address, Amount, and Date. - Book Keeping and Accountancy

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प्रश्न

Prepare a demand bill with imaginary Drawer, Drawee, Address, Amount, and Date.

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Contents of Format of Bill of Exchange
  या प्रश्नात किंवा उत्तरात काही त्रुटी आहे का?
पाठ 7: Bills of Exchange - Exercise 7.1 (Objective Questions) [पृष्ठ ३०५]

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बालभारती Book Keeping and Accountancy [English] 12 Standard HSC Maharashtra State Board
पाठ 7 Bills of Exchange
Exercise 7.1 (Objective Questions) | Q I. 6) | पृष्ठ ३०५

संबंधित प्रश्‍न

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:-

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  

Complete the following Table

Sr. No Date of drawing acceptance Tenure Type Nominal due date Legal due date
1 3rd January 2020 5th January 2020 45 days after date ? ?
2 9th April 2019 12th April 2029 4 months After sight ? ?
3 23rd November 2019 23rd November 2029 2 months after date ? ?
4 16th August 2019 20th August 2019 4 months After sight ? ?
5 23rd December 2018 24th December 2018 60 days after date ? ?

Prepare a bill of exchange from the following information:

Drawer: Dinesh, P. R. Road, Andheri West.

Drawee: Mahesh, L. B. S. Road, Mulund.

Payee: Amit, Thane West.

Amount: ₹ 9,500

Period of Bill: 4 months after sight.

Date of Bill: 26th Nov. 2019.

Date of acceptance: 29th Nov. 2019.


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.


Complete the following Table:

Date of Drawing Date of Acceptance Payable Due Date
30.1.2019 1.2.2019 60 Day 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 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 ______.


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 ______.


Give one word/phrase/term which can substitute 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 ______.


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