Accountancy, asked by harshali1120, 11 months ago

Preparation of report on various treatments of bills of exchange (trade bill). Need and importance.

Answers

Answered by 11SNath1
2
maturity, into a selected Bank reserve funds current account( after the photo)...Ok


.. Thanks....


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Dhaneshgawade2000: Thank u very much
11SNath1: Your always welcome
Answered by phillipinestest
1

A bill of exchange is a speculation for a foreordained timeframe that benefits a known proportion of intrigue.

Bill implies a receipt which is usually issued; anyway the bank's entrance in the passbook similarly gives an undefined information from the bill with the solace of not overseeing diverse reports. Moreover, the bills can be recovered with the bank.

The bill of exchange holder can pick to trade only with the bill of exchange eagerness after it achieves development, into a chose Bank save assets or current record.

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