_____ is the date on which a bill falls due for payment.

Keep practicing — related questions

• The process of maintenance of account books, discounting of bills and collection of bills on due date by a ...
• Bills of Rs. 4,000 accepted by us in favour of our creditor are dishonoured on due date. It will result in
• ‘Payment in due course’ requires the payment to be made
• Under factoring, the functions of purchase of receivables, maintenance of receivable ledgers and collection...
• Payment of which of the following cheques can be treated as a payment in due course, if otherwise in order?
• When the last day of grace falls on a day which is a public holiday, the instrument is due and payable on
• The liabilities, which are not due till date but may or may not be payable in future, are called
• The payment of negotiable instrument becomes due