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CBSE Class 11-commerce Answered

List the drawer, drawee and the payee of the given bill of exchange.

Asked by Topperlearning User | 11 Aug, 2016, 09:55: AM

Expert Answer

Shashikant Tambe is the drawer of the bill, Shri. Aloknath is the drawee and Mrs. Sridevi Iyer is the payee in the bill of exchange.

Answered by | 11 Aug, 2016, 11:55: AM

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CBSE 11-commerce - Accountancy Part I

Draw a specimen of bill of exchange and explain its contents.

Asked by Topperlearning User | 11 Aug, 2016, 09:55: AM

ANSWERED BY EXPERT

CBSE 11-commerce - Accountancy Part I

Draw a specimen of a promissory note and explain its contents.

Asked by Topperlearning User | 11 Aug, 2016, 09:55: AM

ANSWERED BY EXPERT

CBSE 11-commerce - Accountancy Part I

List the drawer, drawee and the payee of the given bill of exchange.

Asked by Topperlearning User | 11 Aug, 2016, 09:55: AM

ANSWERED BY EXPERT

CBSE 11-commerce - Accountancy Part I

Define the following: Bill of exchange Promissory note

Asked by Topperlearning User | 11 Aug, 2016, 09:56: AM

ANSWERED BY EXPERT

CBSE 11-commerce - Accountancy Part I

Calculate the due dates of the following instruments: A bill of exchange, dated 12^th June 2015; payable 2 months after date. A promissory note, dated 31^st July 2016; payable 45 days after date.

Asked by Topperlearning User | 11 Aug, 2016, 10:03: AM

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CBSE 11-commerce - Accountancy Part I

Calculate the due dates of the following instruments: A bill of exchange dated 31^stOctober, 2016; payable 55 days after date without grace days. A promissory note dated 5^th January, 2015; payable 3 months after date.

Asked by Topperlearning User | 11 Aug, 2016, 10:13: AM

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CBSE 11-commerce - Accountancy Part I

Explain the following terms: Drawer Drawee Payee Term of a bill

Asked by Topperlearning User | 11 Aug, 2016, 09:56: AM

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CBSE 11-commerce - Accountancy Part I

Explain the terms: Date of maturity Days of grace Bill at sight

Asked by Topperlearning User | 11 Aug, 2016, 09:56: AM

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CBSE 11-commerce - Accountancy Part I

Explain the following terms: Discounting of a bill Endorsement of a bill Retirement of a bill

Asked by Topperlearning User | 11 Aug, 2016, 10:10: AM

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CBSE 11-commerce - Accountancy Part I

What are advantages of bill of exchange?

Asked by Topperlearning User | 11 Aug, 2016, 09:56: AM

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