Accountancy, asked by rameshraut914, 1 year ago

A person who accepts the bill is called (fill in the blank)

Answers

Answered by ROCKSTARgirl
4
The person who draws the bill is called the drawer. He gives the order to pay money to third party. The party upon whom the bill is drawn is called the drawee.



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devarjun2003: The maker of a bill of exchange or cheque iscalled the “drawer;” the person thereby directed to pay is called the “drawee.” ... Theperson named in the instrument, to whom or to whose order the money is by the instrument directed to be paid, is called the “payee”.
Answered by shanaya1005gupta
2
Drawee is the person whi accepts the bill

arjuntomarjaat: Hii
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