calculate due date of bill 1 January 2018 for 3months
Answers
Answer:
In case of a Bills Payable after date, the legal due date is calculated from the date of drawing of the bill. In this case the due date will be:
Date of Drawing bill: 1st January, 2018
Period (Months): 3 Months
Maturity Date: 1st April, 2018
Days of Grace: 3 days
Due Date: 4th April, 2018
Here is your answer:
In case of a Bills Payable after date, the legal due date is calculated from the date of drawing of the bill. In this case the due date will be:
Date of Drawing bill: 1st January, 2018
Period (Months): 3 Months
Maturity Date: 1st April, 2018
Days of Grace: 3 days
Due Date: 4th April, 2018
Explanation:
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