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 = 25th August 2013
(6) Date of acceptance=28th August 2013
Solution
Bill Of Exchange
Shri Ratnakar Patil
205,New Bazar ,
Amaravati,
Date;- 25th 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
