Bill of Exchang...

If the drawee pay the bill before its maturity date it is called ___________.

The party which is ordered to pay the amount is known as __________.

The true discount on a bill due $$9$$ months hence at $$16$$% per annum is $$Rs. 189$$. The amount of the bill is:

Which of the following statements is true?

Rebate is calculated for __________ time before the due date.

Which account is debited by a drawee of a bill of exchange on its endorsement?

When bill is accepted by the acceptor ________.

The rebate on a bill shows that it has been ____________.

The period intervening between the date on which a bill is drawn and the date on which it becomes due for payment is called 

Sum due or face value $$(A)$$ can be calculated by