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Answer in one sentence. What are noting charges? - Book Keeping and Accountancy

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प्रश्न

Answer in one sentence.

What are noting charges?

एक पंक्ति में उत्तर
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उत्तर १

When a bill is presented for payment and the acceptor fails to make the payment, the bill gets dishonoured. In order to keep a legal proof of such dishonour, the bill gets noted by the Notary Public (who is approved by the government). In exchange for the notary service, the Notary Public charges fees known as noting charges.

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उत्तर २

The fee charged by the notary public for noting of dishonoured  of inland bill is known as noting charges.
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  क्या इस प्रश्न या उत्तर में कोई त्रुटि है?
अध्याय 7: Bills of Exchange - Exercise 7.1 (Objective Questions) [पृष्ठ ३०३]

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बालभारती Book-Keeping and Accountancy [English] Standard 12 Maharashtra State Board
अध्याय 7 Bills of Exchange
Exercise 7.1 (Objective Questions) | Q F. 5) | पृष्ठ ३०३
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