Class 11 & 12 Accountancy - BIlls Of Exchange - Accounting Entries Part-I Video by Let's Tute
A "Bill of exchange" is a document used in trade to pay for goods or services. It is signed by the person promising to pay, and given to the person entitled to receive the money. Through this session on Bill of Exchange, learn how transactions are recorded when bills are drawn, accepted and retained, discounted or sent to bank for collection. Further, learn what happens when they are honoured or dishonoured.
Audience of the Video :
This video Useful for Class XI & XII students.