Accountancy, asked by pintu5266, 1 year ago

what do you mean by Bill of exchange? distinguish between Bill of exchange and promissory note

Answers

Answered by subhamsonthalia
3
bill of exchange is an instrument in writting showing the indebtedness of a buyer towards the seller of goods.


promissory note

a promissory note is a promise made by the debtor to pay a certain sum of money to creditor at a future specified date.
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