Accountancy, asked by thomascr, 1 year ago

a bill drawn on 27 October 2004 for a term of one month

Answers

Answered by Anonymous

0

BUT WHAT IS YOUR QESTION

Answered by Sidyandex

0

Answer: It is known as a bill of exchange.

It is a cheque that has the name of the beneficiary and the signature of the person issuing the cheque for making payments.

The amount is mentioned on the cheque, and it is needed to be produced by the receiver to the bank for encashment.

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