Q. Ankit purchased goods worth ` 20,000 from Anuj. In lieu of cash payment, Ankit accepted a bill of exchange of ` 20,000 to be payable after three months. This is an example of (Solved)

1. Accommodation Bill

2. Fictitious Bill

3. Genuine Bill

4. Documentary Bill

  • c. Genuine Bill
Subscribe Now

Get All Updates & News