Accountancy, asked by rajsinghsonu, 4 months ago

there is no days of grace are allowed on any bill true/ false​

Answers

Answered by Anonymous
8

Answer:

false.. statement....

Answered by santy2
0

Answer:

The statement is False

There are days of grace on bills

Explanation:

Days of grace is also known as Grace period which is defined as a set length of time after the due date of payment of goods and services, during which payment may be made without penalty.

For example in Insurance contracts the grace period is normally 15 days and in some other organizations they give a grace of upto 30 days

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