Maharashtra State BoardHSC Arts 12th Board Exam
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Who is a Drawer? - Book Keeping and Accountancy

One Line Answer

Answer in one sentence only. 

Who is a Drawer?

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Solution

The person who writes or draws a bill of exchange is known as a drawer. He is the seller or the creditor entitled to receive money from someone. The bill of exchange is signed by the drawer of a bill.

Concept: Accounting Treatment of Bill by the Drawer Or Holder and Drawee
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