Question

A sold goods to B for Rs. 10,000 on 1st January, 2019 and draws a bill on the same date
for 2 months. The bill was duly accepted by B and it was duly met on due date. Identify the
payee' under each case:
If A retains the bill till due date
If A discounts the same with his banker
If A endorses it to creditor C.​

Answer 1

Answer:

see this picture......