Accountancy, asked by afjun262, 1 year ago

explain the types of bills of exchange

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Answered by Armaanary

1

Answer:

Bills of exchange can be classified as inland bills and foreign bills, and often involve international trade. Inland bills are drawn between two parties that are located or reside in the same country and thus are made payable in the same country. Foreign bills are drawn and involve parties in two different countries.

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