Question

promissory note given by G to H what is the journal​

Answer 1

Answer:

A negotiable instrument is a document in writing. It is signed by a certain person who promises to pay another person a fixed sum of money on a fixed date. It is transferrable. There are three types of negotiable instruments, viz, Bills of Exchange, Promissory Notes, and Cheques. Negotiable Instruments Act, 1881 has defined the Promissory Note.