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Bills Of Exchange

Excellent commerce point > Bills Of Exchange
Negotiable Instruments Act, 1881​
04
Oct

Negotiable Instruments Act, 1881 Question 1.Write Short Notes on Endorsement under Negotiable Instruments Act, 1881 (Dec 2021, 3 marks)Answer:Endorsement:As per Section 15 of the Negotiable Instrument Act states that when the maker or holder of a negotiable instrument signs the same, otherwise than as such maker, for the purpose of negation on the back or […]

Posted in: CMA updates ,
Tags: Bills Of Exchange , Business Laws in India. , Business Transactions , Cheques , Commercial Law , Indian Law , Indian Legal System , Legal Liabilities , Negotiable Instruments , Negotiable Instruments Act 1881 , Negotiable Instruments Enforcement , Negotiable Instruments in India , Promissory Notes ,
Bills of Exchange, Consignment, Joint Venture
13
Sep

Bills of Exchange CMA Inter Financial Accounting  Question 1.Write short flotes on the following:(a) Accommodation Bill (June 2016, 5 marks)(c) Rebate on Bills Discounted (June 2016, 5 marks)Answer:(a) Accommodation Bill: An Accommodation Bill is a bill of exchange signed by-a party as drawer, drawee, endorser to accommodate another party whose credit is not strong enough […]

Posted in: CMA updates , ICMAI ,
Tags: Accounting Basics , Accounting Concepts , Accounting Education , Accounting Made Easy , Bills Of Exchange , Business Transactions , Commerce Students , Consignment Accounting , Joint Venture , Learn Accounting ,