Sunday, 3 June 2018

Discounting of Bills of Exchange

Monday, August
8, 2016
Baibhav Agrawal
1. Demand Bill – Payable immediately on presentment to employee.
2. Usance Bill – T...
Step
1
• Two parties i.e. seller sells goods or merchandise to a buyer.
Step
2
• Seller would like to be paid immediately ...
Monday, August
8, 2016Baibhav Agrawal
Holder of an accepted B/E has two options:
 Hold on to B/E till maturity and then t...

Monday, August
8, 2016
Baibhav Agrawal
Safety Funds – B/E is a negotiable instrument bearing the signature of two parties
...
Monday, August
8, 2016
Baibhav Agrawal
Discounting agencies will do the appraisal of the customer.
Credit limit will fix u...
Monday, August
8, 2016
Baibhav Agrawal
• Goods covered by documents are those in which the company is dealing
• The amount...
Discounting of Bills of Exchange


No comments:

Post a Comment

4 Types of Audit Report

There are four types of  Audit Report . They are— Clean Report Qualified Report Disclaimer Negative Report They are briefly explai...