ALLInterview.com :: Home Page            
 Advertise your Business Here     
Browse  |   Placement Papers  |   Company  |   Code Snippets  |   Certifications  |   Visa Questions
Post Question  |   Post Answer  |   My Panel  |   Search  |   Articles  |   Topics  |   ERRORS new
   Refer this Site  Refer This Site to Your Friends  Site Map  Bookmark this Site  Set it as your HomePage  Contact Us     Login  |  Sign Up                      
Google
   
 
Categories >> Accounting >> Accounting AllOther
 
 


 

 
 Audit interview questions  Audit Interview Questions (428)
 CompanyAffairs CS interview questions  CompanyAffairs CS Interview Questions (158)
 Taxation interview questions  Taxation Interview Questions (1905)
 Accounting General interview questions  Accounting General Interview Questions (2833)
 Accounting AllOther interview questions  Accounting AllOther Interview Questions (4369)
Question
let me know the meaning of Drawer,Drawee and payee of the 
cheque
 Question Submitted By :: Accounting-AllOther
I also faced this Question!!     Answer Posted By  
 
Answer
# 1
Drawer is the person who pays the money for products or
services he/she has availed.

Payee is the person who has provided the services or
products to the drawer for which he is getting paid.

Drawee is the bank or financial institution through which
the money is paid.
 
Is This Answer Correct ?    33 Yes 12 No
Megablotter
 
Answer
# 2
Drawer:- who person have a right that receive amt.form
another person and write bill for own debtors. drawer
signature on bill of exchange

Drawee:- who's person acceptor bill of exchange. That
person do payment for bill exchange.

Payee:-which person receive amt. of bill of exchange who
celled payee.
 
Is This Answer Correct ?    40 Yes 30 No
Nisha
 
 
 
Answer
# 3
the maker of a bill of exchange or a cheque is called the drawer
a person thereby directed to pay is called the drawee.
 
Is This Answer Correct ?    7 Yes 1 No
Kumar Deep
 
Answer
# 4
Drawer:-It is the party,who draws the bill.Drawer must be the creditor.He may either be a seller of goods or lender of money.

Drawee:-Drawee is the person or the party who has to make the payment or who accepts to make the payment.
 
Is This Answer Correct ?    2 Yes 2 No
Aadi
 
Answer
# 5
thier will be three partie always when their is talk of negotiable instrument (cheque , demand draft etc.)
drawer - a person who is drawer of the bill on the demand pof payer
payee - who will have the money in future.
drwaee- who will reciev the negotible instrument (cheque) on the behalf of the payee. for payment.
 
Is This Answer Correct ?    0 Yes 4 No
Rahul
 
Answer
# 6
Answer on the difference between the primary and secondary
capital market(sumary)


The capital market is divided into two,the primary market
and the secondary market.
The primary market is the market where a company tjat is
quoted can raise share to finance its business operation.It
is the market for a new share thwt has not be raised.In
other words, it is the market where funds that have not be
raised before can be raised.It is a market for Initial
Public Offer (IPO).
The primary market provides the room for the secondary
market.
The secondary market is the market where shares raised from
the primsry market are sold.In this case ,an agent is
required to sell the shares for you.
Both markets are regulated by different regulatory bodies
including the Central Bank of a nation.
 
Is This Answer Correct ?    10 Yes 28 No
Aloku,omakpokpose David
 

 
 
 
Other Accounting AllOther Interview Questions
 
  Question Asked @ Answers
 
When determining turnover, do you first deduct all sales returns to come to an answer or is turnover the total sales without deductions.   1
Define current assets   2
Choose the right answer when cheque given to a creditor dishonour,we have to credit 1.Creditor 2.Bank 3.loss   2
Expand---------TRSP   2
1.why mba? 2.why mba finance? Genpact 1
WHAT ARE LIMITATIONS OF ACCOUNTS ?   4
sales-140000 variable overheads-96000 gross profit-44000 fixed overheads-16000 net profit-28000 find out p.v.ratio and breakeven point   1
My brother studying B.Com(Comp)third year from Osmania University. He want to be settled in Accounts(Taxetion). Which subjects he have perfect to reach is goal. plz give ur good suggestions...   4
What is profit earning ratio?   3
what is meant by credit derivative? Wipro 1
Expand---------SDRT   3
EXPAND______________IASB   2
 
For more Accounting AllOther Interview Questions Click Here 
 
 
 
 
 


   
Copyright Policy  |  Terms of Service  |  Articles  |  Site Map  |  RSS Site Map  |  Contact Us
   
Copyright 2013  ALLInterview.com.  All Rights Reserved.

ALLInterview.com   ::  KalAajKal.com