Answer Posted / dinesh kumar sharma
Drawee is a person to whom the bill is brawn. Who has
instructed to pay the money to payee on behalf of Drawer.
Just like bank in the case of cheque issued by a Drawer to
Payee, this cheque has to pay by the bank which is Drawee
| Is This Answer Correct ? | 1 Yes | 0 No |
Post New Answer View All Answers
while passing a journal entry we rite dr. for the a/c to be debited but why don't we write cr. for the a/c which is credited and instead write 'TO'??
is it possible that on dealer of work contract can opt composition and non-composition both scheme in dvat?
---------is the main or principle book of accounts
what is OTC derivatives and Depository Trust & Clearing Corporation (DTCC) ?
what salary you expect???
1.tell about urself? 2.wt is BRS? 3.VAT? 4.Golden principle of accounting?
What is the accounting treatment for finance lease in lessee's viewpoint?
hey! i have an interview for PO in union bank on 11th feb. can anyone please tell me what major topics should i prepare for? of course npa is there. also cibil and basel basics. is there anything else i should prepare?
what is cnc machine hour rate? how it is calculated?
All Accounting Question Related Send Me ..
WHAT IS MEANT BY FACTORING, TRESURY BILLS,BULLS, BEARS
EXPAND_________SCM
what is balancesheet adjustment a/c. what is the use of this a/c in sap fico
What is Inventory Control?
Expand---------SDRT?
