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Write a short note on: Endorsement of a bill - Accountancy

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प्रश्न

Write a short note on:

Endorsement of a bill

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उत्तर

Endorsement of a bill:

  1. Endorsement means signing on the face or back of a bill for the purpose of transferring the title of the bill to another person.
  2. The person who endorses is called the “Endorser”.
  3. The person to whom a bill is endorsed is called the “Endorsee”.
  4. The endorsee is entitled to collect the money.
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Bills of Exchange
  या प्रश्नात किंवा उत्तरात काही त्रुटी आहे का?
पाठ 6: Subsidiary Books - 1 - Short answer questions [पृष्ठ १२२]

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सामाचीर कलवी Accountancy [English] Class 11 TN Board
पाठ 6 Subsidiary Books - 1
Short answer questions | Q III 4. (a) | पृष्ठ १२२
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