Self Studies

Bill of Exchang...

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  • Question 1
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    Average due date can be called as ________.

  • Question 2
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    A bill of exchange payable after a certain period is known as __________ bill.

  • Question 3
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    Cancelling the original bill and drawing a fresh acceptance is known as __________.

  • Question 4
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    Bill of exchange is sometimes known as ____________.

  • Question 5
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    While preparing P/L account, rebate on bills discounted to be provided shall be deducted from discount received is ________.

  • Question 6
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    At the time of the renewal of a bill, interest account is ____________ in the books of the drawee.

  • Question 7
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    In India, Commercial Papers are issued as per the guidelines issued by ______________.

  • Question 8
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    ___________ days of grace are allowed in case of time bills for calculation date of maturity.

  • Question 9
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    A vendor supplies $$105$$ liters of milk to a hotel in the morning and $$85$$ liters of milk in the evening. If the milk costs $$20$$ per liter, how much money is due to the vendor per day? 

  • Question 10
    1 / -0

    Rebate on bills discounted is also called_____.

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