Bill of Exchang...

______ is a person to whom the amount on a bill is payable.

The following steps are normally taken in an import trade:
1. Indent and letter of credit 
2. Ship's report
3. Delivery and customs formalities
4. Exchange and bills of exchange 
Correct sequence of these steps is

What is a bill of exchange?

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?

Which of the given below sentence is proper as to considered to be written in negotiable instruments _____________________.

Which of the following would be considered a risk-free investment?

A Promissory Note or Bill of Exchange can be made payable ___________.

__________ is not required in a Promissory Note.

The cancellation of the old bill maturity in return for a new bill (which includes interest) for an extended period is called ________________.

On 1st Jan, 2017 X sold goods to Y for Rs 10,000 on credit basis. On the same date X drew a bill for Rs 10,000 on Y at two months. Y accepted the bill and returned it to X. On the due date Y could not honor acceptance. What is the journal for recording the dishonor of a bill?