Question

Retirement of bill means payment of the bill before due date. (State True or False)

Answer 1

Hey mate ✌️✌️


TRUE,Retirement of bill means payment of the bill before due date.



✨ Hope this helps you ✨

Answer 2

• The above statement is True.

• Payment of the bill before the due date is called the retirement of the bill.

• If the person pays the bill before maturity he allows some deduction as consideration.

• This type of deductions is at the time of retirement of the bill.

• It is a type of income for the person.