Bills of Exchan...

Mr.Lava draws a bill on Mr.Kusha on 1st April, 2018 for Rs. 30,000 for 3 months payable after sight. The bill was accepted on 7th April, 2018. Calculate due date for the above bill?

If the bill of exchange of one month's duration is accepted on 23rd December its maturity date will be ____________.

Bills receivable endorsed are debited to _______ account.

If the bill falls due for payment on 15th August, then the payment must be made on ____________ January.

If the bill of exchange of two month's duration is accepted on 15th September its maturity date will be __________.

Commercial paper is a type of ___________________.

A one month bill drawn and accepted on 31st January, will become due on ___________.

At the time of endorsement of a bill, the drawer credits ___________________.

If payment is made on the average due date it results in ________________.

A person named in the negotiable instrument to whom or to whose order the money in the instrument is directed to be paid is called as the __________.