PROFORMA OF BILL OF EXCHANGE

PROFORMA OF BILL OF EXCHANGE

Drawer: Abhijit Patil, Vikram nagar, Patna.
Drawee: Tejas Kapare, Kothrud, Pune.
Payee: Amey Patki, Nagpur.
Amount: Rs. 7500
Period: 60 days
Term: After sight
Date of Bill Drawn: 1st June 2006
Date of Acceptance: 11th June 2006
Accepted bill for Rs.: 7000 only.

Solution:

BILL OF EXCHANGE

STAMP

₹ 7500 /-
Abhijit Patil,
Vikaram Nagar,
Patna.
1st June 2006.

sixty days after sight pay to Amey Patki, Nagpur or his order the sum of rupees seven Thousand Five Hundred only for the value received.

sd/-
Abhijit Patil.
Tejas Kapare,
Kothrud,
Pune.
Accepted : only for rupees seven Thousand
sd/-
Tejas Kapare.
[11th June 2006]