Answer in Brief
Prepare a format of Bill of Exchange from the following information :
(1) Drawer : Abhilash Patil, M.G. Road, Kokarda.
(2) Drawee: Bhargav Mishra, 140 Civil Lines, Nagpur.
(3) Payee: Gopal Deshpande, Ambajogai.
(4) Amount of bill: Rs. 21,500/-
(5) Period of Bill : 3 months
(6) Date of bill : 23rd August, 2013
(7) Date of acceptance: 25th August, 2013.
(8) Accepted for : Rs. 20,000 only.
Concept: Draft Or Format of Bills
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