Accountancy, asked by ay8197626, 9 months ago

what is bill of exchange.explain it..

Answers

Answered by sboss9187

Explanation:

a written order to a person requiring them to make a specified payment to the signatory or to a named payee; a promissory not

Answered by rasikarao8

Answer:

Hope it helps friend. Please mark it Brainliest!!

Explanation:

Meaning of Bill of Exchange

Bill of exchange means a bill drawn by a person directing another person to pay the specified sum of money to another person. ... For example, X orders Y to pay ₹ 50,000 for 90 days after date and Y accepts this order by signing his name, then it will be a bill of exchange.

For more help you can follow me friend

Previous Question

Next Question

Similar questions

Geography, 4 months ago

why do we see different types of agriculture across the world...

Physics, 4 months ago

the function of moderator in a nuclear reactor is to (a) decrease the speed of neutrons (b) increase the speed of neutrons (c) decrease the speed of electrons (d) increase the speed of electron...

Math, 4 months ago

7) How many times does 2 come in two decimal numbers? | 1. 10 2. 11 3. 19 4. 20 ...

English, 9 months ago

There are two categories of technical proposals. A) YES B) NO...