English

Answer in one sentence. What do you mean by bill of exchange? - Book Keeping and Accountancy

Advertisements
Advertisements

Question

Answer in one sentence.

What do you mean by bill of exchange?

One Line Answer
Advertisements

Solution

A Bill of Exchange is a written order signed by the drawer, directing to a certain person to pay a certain sum of money on-demand or on a certain future date to a certain person or as per his order.

shaalaa.com
  Is there an error in this question or solution?
Chapter 7: Bills of Exchange - Exercise 7.1 (Objective Questions) [Page 303]

APPEARS IN

Balbharati Book-Keeping and Accountancy [English] Standard 12 Maharashtra State Board
Chapter 7 Bills of Exchange
Exercise 7.1 (Objective Questions) | Q F. 1) | Page 303
Share
Notifications

Englishहिंदीमराठी


      Forgot password?
Use app×