Download App

P2 C4 Bills of Exchange — Account STD 11 Commerce — Question

Gujarat BoardEnglish MediumSTD 11 CommerceAccountP2 C4 Bills of Exchange1 Mark
Question
How many parties are there in a promissory note?
✓

Answer

There are two parties in a promissory note. $(1)$ Drawer or maker of the promissory note. $(2)$ Payee or person receiving the money

Need a full question paper?

Generate a complete, print-ready paper with questions like this in minutes — across 16+ boards, with answer keys.

Start Generating Free

Explore more

More "Answer In One Or Two Sentence .(1 Marks)" from P2 C4 Bills of Exchange→P2 C4 Bills of Exchange — all question types→Account STD 11 Commerce question papers→Gujarat Board STD 11 Commerce question papers→Gujarat Board question paper generator→

Similar questions

which are different main methods to maintain accounts of non-trading concern?
→
When output $GST$ is chargeable?
→
Describe different methods to record depreciation on asset from the view point of accounting.
→
If depreciation is provided by straight line method in a year, the same method should be followed consistently every year.
→
Who is the chairman of $GST$ council at present?
→
Define economic transaction.
→
Which type of information can be obtained from the ledger?
→
What do you mean by Credit balance?
→
Which accounts are affected when building purchased for the business from the personal amount of trader?
→
How many main types of the bills are there? Which are they?
→