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Kerala Plus One Accountancy Notes Chapter 7 Bill of Exchange A Bill of Exchange is a written acknowledgement of a debt, drawn by a creditor up on his debtor to pay a certain sum of money on demand or a future date. According to Negotiable Instrument Act 1881, a bill of exchange is defined as …
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Kerala Plus One Accountancy Chapter Wise Previous Questions and Answers Chapter 7 Bill of Exchange Question 1. On 1st January 2016 Arun drew a 3 months bill upon Varun for 16000. On 3rd January, 2016 Arun discounted the bill with his banker @ 6% per annum. The bill was honoured on the due date. (CA …
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Kerala Plus One Accountancy Chapter Wise Questions and Answers Chapter 7 Bill of Exchange Question 1. A bill of exchange is a _____ Instrument. Answer: Negotiable Question 2. A bill Is noted when ¡t is (a) Honoured (b) Dishonoured (c) Discounted (d) None of these Answer: (b) Dishonoured Question 3. A bill of exchange Is …
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Know more about Bitcoin, What is Bitcoin?
Know more about Bitcoin, What is Bitcoin? Bitcoin is a form of digital currency, created and held electronically. No one controls it. Bitcoins aren’t printed, like dollars or euros – they’re produced by people, and increasingly businesses, running computers all around the world, using software that solves mathematical problems. It’s the first example of a growing category of money known as…
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