Question

what is meaning of on sight in accountancy

Answer 1

A sight draft is a bill of exchange that is due and payable on demand. There is no delay in payment. This instrument is used when an exporter wants to retain title to shipped goods until paid, usually because the importer is considered to be a credit risk.

Answer 2

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ᴘʟᴢ ᴘᴏsᴛ ᴀ ᴘʀᴏᴘᴇʀ ǫᴜᴇsᴛɪᴏɴ.... ᴜʀ ǫᴜᴇsᴛɪᴏɴ ɪs ᴡʀᴏɴɢ ᴏʀ ɪɴᴄᴏᴍᴘʟᴇᴛᴇ ᴀs ᴘᴇʀ ᴍᴇ.