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

Maharashtra BoardEnglish MediumSTD 12 Commerce / ArtsBook Keeping & AccountancyBills of Exchange1 Mark
Question
Who is the Payee of the Bill?
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Answer

The Payee of a Bill is the person to whom the bill is made payable or in whose favour the bill is drawn.

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