Question

Mr. S draws a bill on 10th September 2018 and dent to Mr. R on 11th September 2018. Mr. R receive the bill on 15th September 2018, he signs the same bill on 16th September 2018. The period of bill is 4 months. Calculate the due date and maturity date in case of bills at sight. Class 11th accountancy.

Answer 1

Mr. S draws a bill on 10th September 2018 and dent to Mr. R on 11th September 2018. Mr. R receive the bill on 15th September 2018, he signs the same bill on 16th September 2018. The period of bill is 4 months. Calculate the due date and maturity date in case of bills at sight. Class 11th accountancy.
the due date is 5 October 2018...and maturity date is 9 October 2018....!!!!