Bill of Exchang...

On 01.01.2013, A draws a bill on B for Rs. 10000. On maturity, B requests A to renew the bill for 2 month at 12 % p.a interest. Amount of interest will be

Ram sold goods to Shyam for Rs. 400000. Half of the amount will be received in cash and the balance settled through B/R. For what amount, Ram should draw the bill on Shyam?

A Bill of Exchange contains :

On 01.01.2012, A draws a bill on B for 3 months for Rs.10000. On 04.03.2012, B pays the amount due to A before maturity at 12 % discount. The amount of discount will be

A Bill of Exchange drawn on 4th of April,1994 for 2 months will mature on :

M draws a bill on N for Rs.3000.M endorsed to P.N will pay the amount of bill to

A Bill Drawn will be accepted by the:

A sold goods to B for Rs. 100000. B paid Rs.30000 in cash. A grants 2% discount on the balance and B requests A to draw a bill for balance. The amount of bill will be

Noting charge is a fee paid to the Notary Public for noting and __________

On 1st Jan 2013 B sold goods to A for Rs. 250. A gave to B his acceptance payable 1 month after date. Before maturity A request B to renew it which B does adding Rs.10 to the new Bill for interest. What will be the journal entry when new boo drawn on A in place of old bill duly accepted by A

Which of the following is not the part of Bill of Exchange :

Notary Public is an officer appointed by the ___________

Noting charge is an expense for :

A Promissory Note has two parties namely_________

X draws a bill on Y for Rs.20000 for 3 months on 01.01.2012. The bill is discounted with the banker at a charge of Rs. 100. At maturity the bill returned dishonored. In the books of X for dishonor the bank account will be credited by

On 01.01.2012, X draws a bill on Y for Rs.30000. At maturity, the bill is dishonoured and Y requests X to draw a fresh bill for 2 months together with 12 % p.a interest .Noting charges amount to Rs.100 .The amount of interest will be

A Promissory Note is prepared by :

Kite is the name of :

Rohit's acceptance to Deepak for Rs.8000 renewed at 3 months on the condition that 4000 be paid in cash immediately and the remaining amount will carry interest @ 12 % p.a . The amount of interest will be

Noting is necessary in case of __________

A Promissory note contains :

A Bill received and deposited with the bank on the same day is known as _____

On 01.01.2012, A draws a bill on B for Rs.50000 for 3 months. A got the bill discounted on 04.01.2012 at 12% p.a. The amount of discount on bill will be

A Bill of Exchange is prepared by :