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Question
Find the odd one:-
Options
Discounting charges
Rebate
Bank charges
Noting charges.
Solution
Noting charges.
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The due date of the bill drawn for 2 months on 23rd Nov. 2019 will be ____________.
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Cancellation of bill on maturity in return of a new bill for extended period of credit.
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Bill of exchange drawn and accepted without any valuable consideration.
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Drawer: Shankar, Vadodara, Gujrat.
Drawee: Vinayak, Somwarpeth, Pune.
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Period : 3 months
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Conversion of Bill of Exchange into its present value.
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| Date of Drawing | Date of Acceptance | Payable | Due Date |
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Conversion of Bill of Exchange into its present value.
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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.
