Three days are added for ascertaining the date of maturity. These are known as days of......

A promissory note is made by......

4 month bill drawn on 1st January 2019 will mature for payment on.....

If the due date of bill falls on public holiday then the maturity date is on

When the bills of exchange of drawn and accepted for trade purpose it is called.....

What is a Bill of Exchange?

A person who draws the bill is known as………..

Bill payable on demand is called...

If drawer transfers the bill before maturity date is known

A bill payable on demand is called bill at sight

Drawee may have to pay interest to the drawer for the extended period of credit

A bill of exchange must be accepted by

The act of transferring the bill from one person to another is called

No. of parties in promissory note are

Bills Receivable Book is a part of

A bill of exchange is an?

How many parties are involved in case of discounting of bill?

In case if endorsement of bill the endorser debits?

Which of the following is not true?

When an acceptor refuses to pay the amount of bill to the holder of bill on its maturity is called?

On 1.12.05 X draw a bill on Y "for 30 days after sight". The date of acceptance is 8.12.05. The due date of the bill will be:

WHO USES THE BILL OF EXCHANGE?

WHAT INCLUDES A BILL OF EXCHANGE?

BY WHOM MUST THE BILL OF EXCHANGE BE ACCEPTED IN ORDER TO BE VALIDATED?

ON WHOM THE TRADE BILL DRAWN?

Which of the following options defines a bill of exchange?

When the drawee signs the bill, it is considered as

When the bill is noted from the notary public, it is known as?

What is retiring a bill under rebate means?

When a drawer discounts the bill, he gets?

In case of term bill extra three days are given to acceptor are called?

If the drawer is in need of money and cannot wait till due date and receive the money form bank is called?

The purpose of accommodation bill is :

On dishonor of a discounted bill whom does the bank look for payment

What are the parties to a bill of exchange?

Due date of a bill of exchange drawn on 30th January, 2011 for one month will be :

Encashing the bill before the date of its maturity is called :

The person to whom the bill is transferred will become?

Abu drew a bill on Muthu.

What is the double entry of the above transaction in the books of drawer?

Sam drew a bill on Benjamin.

What is the double entry of the above transaction in the books of drawee?

A two-month bill drawn by ABC for us was dishonoured on due date.

What is the double entry of the above transaction in the books of drawee?

A charge collected by bank on dishonoured is known as rebate.

A bill payable on demand is called bill at sight.

If on maturity date of bill is national holiday then maturity date will be next working day.

If maturity date of bill is unforeseen holiday then maturity date will be next working day.

Ram says Shyam to pay particular sum of money to him. In this oral transaction negotiable instrument Act applied.

Anand draws a bill on Vijay & maturity date is 15 August now he has to pay amount to Anand on 16 August.

Ram draws a bill on Shyam which is ‘bill at sight’ on 28 March and pay as soon as possible. Then days of grace will be added for computing due date.

In which Act a bill of exchange is defined as an “Negotiable Instrument”

A bill of exchange is order to Make payment by

A bill payable on demand is called

Noting charges are borne by

Noting charges Account is debited by

What is Bills Receivable Account