Accountancy, asked by PragyaTbia, 1 year ago

Who is Drawee? (Answer in one sentence)

Answers

Answered by MoonGurl01
4
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Here is your answer...✨✨✨

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DRAWEE

Drawee is the person on whom the Bill of Exchange is drawn, for his acceptance. He is a person to whom credit has been granted by the Drawer of the Bill of Exchange.

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Answered by Anonymous
1
Answer :-

=) Drawee is a lawful and keeping money term used to depict the gathering that has been guided by the contributor to pay a specific total of cash to the individual introducing the check .

The bank which has the cabinet's financial records from which a check is to be paid .

The drawee is told by the cabinet to pay a predetermined whole of cash to , or to the request of the payee , or to the conveyor. In a narrative gathering , the drawee is commonly the purchaser .
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