Accountancy, asked by UmangToshniwal, 1 year ago

what are noting charges??

Answers

Answered by Samrridhi

In begining only i am telling that These r the Google results ......

Noting Charges. When a Bill of Exchange is dishonoured, in order to prove the fact, the drawer (or holder) may get the bill of exchange noted and protested through a public official known as “Notary Public” Noting is the recording of the fact of dishonour by a Notary public which becomes an evidence of dishonour.

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UmangToshniwal: thanks.....

Answered by dryomys

The answer is as follows:

The Noting charges refers to the charges on the bills of exchange that was dishonor.

Noting refers to the recording of the event in which a bill of exchange is dishonor by the noting public and it is utilized as an evidence of dishonor.

Hence, the charges that a person paid on the dishonor of bill of exchange or on the noting is called as the noting charges.