CBSE Class 11-commerce Accountancy Part I Bill of Exchange - Dishonour of a bill

A bill is said to be dishonoured if the drawee of the bill does not make the payment of the bill on the date of maturity. Know the consequences of dishonouring a bill from the chapter Bill of Exchange – Meaning and Importance and topic Bill of Exchange – Dishonour of a Bill. Refer to TopperLearning’s CBSE Class 11 Commerce Accountancy revision notes, video lessons and textbook solutions for a clear understanding. Once you complete learning, test yourself by going through our multiple assessment modules such as sample papers and solutions, multiple choice questions and short answer questions.