Accountancy, asked by poojarikiramma, 1 month ago

discounted bill of exchange is a

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Answered by sneha14122008

Answer:

Bill of exchange means a bill drawn by a person directing another person to pay the specified sum of money to another person. ... For example, X orders Y to pay ₹ 50,000 for 90 days after date and Y accepts this order by signing his name, then it will be a bill of exchange.

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