Accountancy, asked by 12anjali1099, 1 year ago

What is the importance of bill of exchange and promissory note in modern business ?

Answers

Answered by Sakshichaudhari12527
0
Bills of Exchange vs Promissory NoteDifferences. Negotiable instruments are important parts of doing regularbusiness deals. ... Promissory note, on the other hand, is a promise to pay a certain amount of money within a stipulated period of time. And thepromissory note is issued by the debtor.

Sakshichaudhari12527: plz mark my answer as brainlist
12anjali1099: I asked the importance of bill of exchange and promissory note not their differences
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