Accountancy, asked by bhardwajkashish02, 5 months ago

distinguish between D/P and D/P bills​

Answers

Answered by ItzGuriSidhu
5

Answer:

DA in payment term of international trade means, Documents against Acceptance. DP in payment term of imports and exports means Documents against Payments. ... Under a DA terms of payment, importer accepts documents on the basis of an assurance to effect payment by accepting necessary bill of exchange.

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