Question

Noting charges Account is debited by _______

Answer 1

Answer:

Noting charges Account is debited by the holder of bill.

Explanation:

Hope this will help you.

Answer 2

The correct answer is The Holder of the the bill or the Drawee.

Explanation:

• Noting charges Account is debited by the holder of the bill or the drawee.
• If the bill is honored, they hand over the money to the Drawer.
• In case of dishonor, they note the reasons for dishonor and give the bill back to the drawer.
• They charge fees for this known as Noting charges.
• In case of dishonor, the person who is responsible for the dishonor bears the noting charges.