Tag: accounting for bills of exchange transaction

Questions Related to accounting for bills of exchange transaction

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

accountancy accounting for bills of exchange transaction nature, advantages and types of cheques meaning, definition and characteristics of promissory note promissory note

  1. On demand

  2. On a specified date

  3. After a specified period - months or days

  4. All of the above

Show answer
Correct Option: D