CBSE Class 11-commerce Accountancy Part I Promissory Note - Meaning and Importance

Learn about Promissory Note – Meaning and Importance from the chapter Bill of Exchange – Meaning and Importance with TopperLearning’s CBSE Class 11 Commerce Accountancy study resources. Through the revision notes, video lessons and textbook solutions, understand the functionality of a promissory note—an instrument in writing (note being a bank note or currency note) containing an unconditional undertaking signed by the maker to pay a certain sum of money to or to the order of a certain person or to the bearer of the instrument. After you complete studying, assess yourself with our test modules like sample papers and solutions, multiple choice questions, short answer questions, in-video tests etc.