Question

What do you mean by Bill at sight? Calculate the due date of a bill of exchange dated 9th

Dec’2019 payable after 45 days​

Answer 1

Answer:

At sight is a payment due on demand. It requires the party receiving the good or service to pay a certain sum immediately upon being presented with the bill of exchange. This type of payment is also known as a "sight draft" or a "sight bill."

Explanation:

The Date :-

Bill of exchange drawn on 9th Dec 2019

Duration 45 days (1½ month)

But the actual duration of the bill is 45+4=49

because the drawer must have to give 4 days to drawee extra.

So the payable date will be 27th Jan 2020.

I hope this will help you friend.