Accountancy, asked by PragyaTbia, 1 year ago

Acceptance without making any change in the terms of a bill. Answer in a word / phrase / term.

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Heya user ✨✨

⏩ General Acceptance
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Answer:

General Acceptance

Explanation:

Acceptance without making any change in the terms of a bill is known as general acceptance,

A general acceptance is the individual who accepts an order to pay a certain quantity in complete without any condition. Unless other payment arrangements are made, this is a prevalent type of recognition. An acceptance must be general in order to be generally valid.

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