Question

From the following details prepare a format of Bill of Exchange:

1. Drawer: Subhash Suryawanshi, Main Road, Ajara.

2. Drawee: Madhukar Bharati, Amboli Road, Sawantwadi.

3. Payee: Manoj Desai, Amboli.

4. Period: 60 days.

5. Date of bill: 25th May, 2006.

6. Date of acceptance: 28th May, 2006

7. Amount of bill: Rs 5,700

Answer 1