Bill of Exchang...

Encashment of bill before due date ________________.

Payment of bill on its due date is known as ________________.

The person on whose favor a bill is endorsed is called as _______.

Noting charges is borne by _______.

When Bill is Dishonored ___________ is Debited in drawers books.

when bill is dishonored  ___________ account is Debited along with Bill payable A/c for recording noting charges.

Drawee or payee in whose favor the promissory note is drawn is also called as________.

On due date when Drawee Fails to make the payment of the bill _____________.

Drawee Passes __________ journal entry for bill Retained , Discounted or Pledged.

A bill of Rs 23000 dishonoured and noting charges paid by Drawer is Rs. 100 than Drawee's A/c will be Debited for Rs. __________.