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Name the parties to a promissory note - Accountancy

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प्रश्न

Name the parties to a promissory note

थोडक्यात उत्तर
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उत्तर

The two parties which are involved in a promissory note are:

1. Drawer - The concerned person or the party who is responsible for the making of the promissory note.

2. Drawee - The concerned person or the party who is favored to receive the sum amount of money by drawer.

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