हिंदी

Before acceptance the bill is called a ______. - Book Keeping and Accountancy

Advertisements
Advertisements

प्रश्न

Before acceptance the bill is called a ______.

विकल्प

  • Order

  • Request

  • Draft

  • Instrument

MCQ
रिक्त स्थान भरें
Advertisements

उत्तर

Before acceptance, the bill is called a draft.

Explanation:

It is referred to as a draft because it is simply an order for payment created by the drawer that has not yet been signed and acknowledged (accepted) by the drawee.

shaalaa.com
  क्या इस प्रश्न या उत्तर में कोई त्रुटि है?
अध्याय 7: Bills of Exchange - Exercise 7.1 (Objective Questions) [पृष्ठ ३०१]

APPEARS IN

बालभारती Book-Keeping and Accountancy [English] Standard 12 Maharashtra State Board
अध्याय 7 Bills of Exchange
Exercise 7.1 (Objective Questions) | Q A. 2) | पृष्ठ ३०१
Share
Notifications

Englishहिंदीमराठी


      Forgot password?
Use app×