Showing posts with label Bill of Exchange July 2017 Board Question Solution. Show all posts
Showing posts with label Bill of Exchange July 2017 Board Question Solution. Show all posts

Bill of Exchange July 2017 Board Question Solution

Prepare a format of Bill of Exchange from the following information: [5]

(1) Drawer : Abhilash Patil, M.G. Road, Kokarda.

(2) Drawee: Bhargav Mishra, 140 Civil Lines, Nagpur.

(3) Payee: Gopal Deshpande, Ambajogai.

(4) Amount of bill: Rs. 21,500/-

(5) Period of Bill : 3 months

(6) Date of bill : 23rd August, 2013

(7) Date of acceptance: 25th August, 2013.

(8) Accepted for : Rs. 20,000 only.