Question

Prepare a specimen of Bill of Exchange from the following information:

(1) Drawer = Shri Ratnakar Patil, 205, New Bazer, Amaravati.

(2) Drawee = Shri Jairam Purohit, Hiwarkheda Road, Kannad.

(3) Payee = Shri Rohit Joshi, Kedareshwar Market, Ladjalgaon.

(3) Period of bill = 3 months

(4) Amount of bill = Rs. 25,000

(5) Date of bill = 25^th August 2013

(6) Date of acceptance=28^th August 2013

Answer 1

Bill Of Exchange

Shri Ratnakar Patil

205,New Bazar ,

Amaravati,

Date;- 25^th Auguest

Rs-25,000

            Three monthly after date , pay to shri rohit joshi , kedareshwar market , Ladjalgaon or his order the pay sum of  rupees twenty five thousand only , for the value received.

sd/-             

(Shri. Ratnakar Patil)

To

Shri Jairam Purohit,

Hiwarkheda Road,

Kannad.

Accepted 

            sd/-      

(Shri Jairam Purohit)

Date- 28th August ,2013