Download App

Bills of Exchange — Book Keeping & Accountancy STD 12 Commerce / Arts — Question

Maharashtra BoardEnglish MediumSTD 12 Commerce / ArtsBook Keeping & AccountancyBills of Exchange1 Mark
MCQ
Noting charges are borne by ______________
  • A
    Notary Public
  • ✓
    Drawee
  • C
    Drawer
  • D
    Endorsee
✓

Answer

Correct option: B.
Drawee
Drawee

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 "Select the correct option (MCQ)" from Bills of Exchange→Bills of Exchange — all question types→Book Keeping & Accountancy STD 12 Commerce / Arts question papers→Maharashtra Board STD 12 Commerce / Arts question papers→Maharashtra Board question paper generator→

Similar questions

If fixed capital method is adopted, net divisible profit is transferred to $.........$ Account.
→
The proportion in which old partners make a sacrifice is called $.........$ Ratio.
→
Prepaid expenses are shown on the _____________ side of the Balance Sheet.
→
The person to whom the amount of the bill is made payable is called _____________###_____________ is a person to whom the amount on a bill is payable.
→
ROCE should be ____________ than ROI.
→
In case of admission of a partner, the profit or loss on revaluation of assets and liabilities is shared by $.........$ partners.
→
A person to whom a bill of exchange is endorsed is called _____________
→
Income and Expenditure Account is a ___________ Account.
→
Debit balance on Profit and Loss Suspense Account is shown in the new Balance Sheet on $.........$ side.
→
Advertisement expenditure to be written off yet will appear on the _____________ side of Balance Sheet.
→