Accountancy, asked by nishikasahni, 3 months ago

how can drawer of the bill use the bills of exchange ​

Answers

Answered by Anonymous
6

The drawer is the party that obliges the drawee to pay the payee. The drawer and the payee are the same entity unless the drawer transfers the bill of exchange to a third-party payee. Unlike a check, however, a bill of exchange is a written document outlining a debtor's indebtedness to a creditor.

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