Interested to Buy Any Domain ? << Click Here >> for more details...
bills of exchange
- 6 Answers
- 10476 Views
- Capital IQ, I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / sameera gujral
bill of exchange
Definition
An unconditional order issued by a person or business which
directs the recipient to pay a fixed sum of money to a third
party at a future date. The future date may be either fixed
or negotiable. A bill of exchange must be in writing and
signed and dated. also called draft.
| Is This Answer Correct ? | 21 Yes | 0 No |
Answer / moorthy_kani
A buyer can purchase goods for debit. that buyer is a debtor
of that receiver,while purchasing the goods bill will make
that bill copy send to buyer that transaction is called
bills of exchange.
| Is This Answer Correct ? | 4 Yes | 1 No |
Answer / ravichandra
an instrument in writing congaing unconditional under taking
singed by the maker to pay certain some of money only are to
the buyer of instrument
| Is This Answer Correct ? | 3 Yes | 0 No |
Answer / g.sivakumar
in some cases we are made credit sale or purchases on that
we are made one agreement to repay the money on credit that
agreement contain some time period that agreement may
exchange or epaire on repayment of the agreemented money
that is called as bills of exchage.
| Is This Answer Correct ? | 1 Yes | 0 No |
Answer / guest
it is an financial instrument where
drwer will make an order on written format
and the drawee will accept such bill with unconditional
payment made on certain date whome ever pocess such bill
| Is This Answer Correct ? | 1 Yes | 0 No |
Answer / raj
bill of exchange
Definition
An unconditional order issued by a person or business which
directs the recipient to pay a fixed sum of money to a third
party at a future date. The future date may be either fixed
or negotiable. A bill of exchange must be in writing and
signed and dated. also called draft.
| Is This Answer Correct ? | 0 Yes | 0 No |
what is withholding tax
Your grandfather is 75 years old. He has total saving of Rs. 80000. He expects that he live for another 10 years and will like to spend his saving by them. He placed his saving into a bank account earning 10 per cent annually. He will draw equal amount each year- the first withdrawal occuring one year from now in such a way that his account balance becomes zero at the end of 10 years. How much will be his annual withdrawal?
what is the deference between depreciation explanation
goods sold to mr x of rs5000/-,out of that we give him discount allowed of rs 500/-,and we take setting charges of rs1000/-.so what will be the entry?
Explain the Steps to Define Recurring Invoices
why we prepare our accounts of book and why do audit our accounts of book
hove many % vat in calcym hydroxyd?
who is the customer and vendor?
my interview is on tuesday so i just want to know everything about the interview like which type of question they will ask me as i completed m.com . please helm me plz plz
explain the relevance of closing stock account in trading a/c when preparing the gross profit?
examole of cash to cash contra entry
What is the journal entry for goods sold to Mr A in 1 month credit of rs 5000. and also pass entry for non repayment of money after 1 month by Mr A. (What entry will come for this?)
Audit 
