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Answer in one sentence. What is relationship between Drawer and Drawee? - Book Keeping and Accountancy

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Question

Answer in one sentence.

What is relationship between Drawer and Drawee?

One Line Answer

Solution

The relationship between the drawer and the drawee is that of the creditor and debtor.

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Bills of Exchange
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Chapter 7: Bills of Exchange - Exercise 7.1 (Objective Questions) [Page 303]

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Balbharati Book Keeping and Accountancy [English] 12 Standard HSC Maharashtra State Board
Chapter 7 Bills of Exchange
Exercise 7.1 (Objective Questions) | Q F. 6) | Page 303

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