{"id":83599,"date":"2021-10-06T14:06:00","date_gmt":"2021-10-06T08:36:00","guid":{"rendered":"https:\/\/www.kopykitab.com\/blog\/?p=83599"},"modified":"2021-10-12T19:43:09","modified_gmt":"2021-10-12T14:13:09","slug":"ts-grewal-class-11-accountancy-solutions-chapter-12","status":"publish","type":"post","link":"https:\/\/www.kopykitab.com\/blog\/ts-grewal-class-11-accountancy-solutions-chapter-12\/","title":{"rendered":"TS Grewal Class 11 Accountancy Solutions Chapter 12 &#8211; Accounting for Bills Exchange 2021-22"},"content":{"rendered":"\n<p><img class=\"alignnone size-full wp-image-135528\" src=\"https:\/\/www.kopykitab.com\/blog\/wp-content\/uploads\/2021\/04\/Chapter-12-Accounting-for-Bills-Exchange.jpg\" alt=\"TS Grewal Class 11 Accountancy Solutions Chapter 12 - Accounting for Bills Exchange\" width=\"1200\" height=\"675\" srcset=\"https:\/\/www.kopykitab.com\/blog\/wp-content\/uploads\/2021\/04\/Chapter-12-Accounting-for-Bills-Exchange.jpg 1200w, https:\/\/www.kopykitab.com\/blog\/wp-content\/uploads\/2021\/04\/Chapter-12-Accounting-for-Bills-Exchange-768x432.jpg 768w\" sizes=\"(max-width: 1200px) 100vw, 1200px\" \/><\/p>\n<p><strong>TS Grewal Class 11 Accountancy Solutions Chapter 12<\/strong>: One of the most important topics in Class 11<sup>th<\/sup> Accountancy is Chapter 12 &#8211; Accounting for Bills Exchange and TS Grewal Class 11 Accountancy Solutions has made it easier for the students. The exchange of bills is the chapter of numerical and preparing bills is an important concept. Chapter 12 alone consists of around 44 questions, which are solved in a step-by-step way.<\/p>\n<ul>\n<li><strong>Read More: <a href=\"https:\/\/www.kopykitab.com\/blog\/ts-grewal-class-11-solutions\/\" target=\"_blank\" rel=\"noopener\"><span data-sheets-value=\"{&quot;1&quot;:2,&quot;2&quot;:&quot;TS Grewal Class 11 Solutions&quot;}\" data-sheets-userformat=\"{&quot;2&quot;:5053,&quot;3&quot;:{&quot;1&quot;:0},&quot;5&quot;:{&quot;1&quot;:[{&quot;1&quot;:2,&quot;2&quot;:0,&quot;5&quot;:{&quot;1&quot;:2,&quot;2&quot;:0}},{&quot;1&quot;:0,&quot;2&quot;:0,&quot;3&quot;:3},{&quot;1&quot;:1,&quot;2&quot;:0,&quot;4&quot;:1}]},&quot;6&quot;:{&quot;1&quot;:[{&quot;1&quot;:2,&quot;2&quot;:0,&quot;5&quot;:{&quot;1&quot;:2,&quot;2&quot;:0}},{&quot;1&quot;:0,&quot;2&quot;:0,&quot;3&quot;:3},{&quot;1&quot;:1,&quot;2&quot;:0,&quot;4&quot;:1}]},&quot;7&quot;:{&quot;1&quot;:[{&quot;1&quot;:2,&quot;2&quot;:0,&quot;5&quot;:{&quot;1&quot;:2,&quot;2&quot;:0}},{&quot;1&quot;:0,&quot;2&quot;:0,&quot;3&quot;:3},{&quot;1&quot;:1,&quot;2&quot;:0,&quot;4&quot;:1}]},&quot;8&quot;:{&quot;1&quot;:[{&quot;1&quot;:2,&quot;2&quot;:0,&quot;5&quot;:{&quot;1&quot;:2,&quot;2&quot;:0}},{&quot;1&quot;:0,&quot;2&quot;:0,&quot;3&quot;:3},{&quot;1&quot;:1,&quot;2&quot;:0,&quot;4&quot;:1}]},&quot;10&quot;:2,&quot;11&quot;:0,&quot;12&quot;:0,&quot;15&quot;:&quot;Arial&quot;}\" data-sheets-note=\"https:\/\/www.kopykitab.com\/blog\/cbse-class-10-maths-rs-aggarwal-solutions\/\nhttps:\/\/www.kopykitab.com\/blog\/cbse-class-11-maths-rs-aggarwal-solutions\/\">TS Grewal Class 11 Solutions<\/span><\/a><\/strong><\/li>\n<\/ul>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_47_1 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"ez-toc-toggle-icon-1\"><label for=\"item-69d8966eaa880\" aria-label=\"Table of Content\"><span style=\"display: flex;align-items: center;width: 35px;height: 30px;justify-content: center;direction:ltr;\"><svg style=\"fill: #000000;color:#000000\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #000000;color:#000000\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/label><input  type=\"checkbox\" id=\"item-69d8966eaa880\"><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 eztoc-visibility-hide-by-default' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/www.kopykitab.com\/blog\/ts-grewal-class-11-accountancy-solutions-chapter-12\/#ts-grewal-class-11-accountancy-solutions-chapter-12-%e2%80%93-accounting-for-bills-exchange-download-free-pdf\" title=\"TS Grewal Class 11 Accountancy Solutions Chapter 12 &#8211; Accounting for Bills Exchange | Download Free PDF\">TS Grewal Class 11 Accountancy Solutions Chapter 12 &#8211; Accounting for Bills Exchange | Download Free PDF<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/www.kopykitab.com\/blog\/ts-grewal-class-11-accountancy-solutions-chapter-12\/#detailed-explanation-for-chapter-12-%e2%80%93-accounting-for-bills-exchange-ts-grewal-class-11-accountancy-solutions\" title=\"Detailed Explanation for Chapter 12 &#8211; Accounting for Bills Exchange, TS Grewal Class 11 Accountancy Solutions\">Detailed Explanation for Chapter 12 &#8211; Accounting for Bills Exchange, TS Grewal Class 11 Accountancy Solutions<\/a><ul class='ez-toc-list-level-3'><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/www.kopykitab.com\/blog\/ts-grewal-class-11-accountancy-solutions-chapter-12\/#meaning-of-a-bill-exchange\" title=\"Meaning of a bill exchange\">Meaning of a bill exchange<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/www.kopykitab.com\/blog\/ts-grewal-class-11-accountancy-solutions-chapter-12\/#types-of-bills-exchange\" title=\"Types of bills exchange \">Types of bills exchange <\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/www.kopykitab.com\/blog\/ts-grewal-class-11-accountancy-solutions-chapter-12\/#points-to-remember\" title=\"Points to remember\">Points to remember<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/www.kopykitab.com\/blog\/ts-grewal-class-11-accountancy-solutions-chapter-12\/#ts-grewal-class-11-accountancy-solutions-chapter-12-%e2%80%93-accounting-for-bills-exchange-sample-questions\" title=\"TS Grewal Class 11 Accountancy Solutions Chapter 12 &#8211; Accounting for Bills Exchange: Sample Questions\u00a0\">TS Grewal Class 11 Accountancy Solutions Chapter 12 &#8211; Accounting for Bills Exchange: Sample Questions\u00a0<\/a><ul class='ez-toc-list-level-3'><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/www.kopykitab.com\/blog\/ts-grewal-class-11-accountancy-solutions-chapter-12\/#sample-question-1\" title=\"Sample question 1:\">Sample question 1:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/www.kopykitab.com\/blog\/ts-grewal-class-11-accountancy-solutions-chapter-12\/#answer\" title=\"Answer:\u00a0\">Answer:\u00a0<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/www.kopykitab.com\/blog\/ts-grewal-class-11-accountancy-solutions-chapter-12\/#faqs-ts-grewal-class-11-accountancy-solutions-chapter-12-%e2%80%93-accounting-for-bills-exchange\" title=\"FAQs: TS Grewal Class 11 Accountancy Solutions Chapter 12 &#8211; Accounting for Bills Exchange\">FAQs: TS Grewal Class 11 Accountancy Solutions Chapter 12 &#8211; Accounting for Bills Exchange<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/www.kopykitab.com\/blog\/ts-grewal-class-11-accountancy-solutions-chapter-12\/#what-is-a-bill-exchange-define-it\" title=\"What is a bill exchange? Define it.\">What is a bill exchange? Define it.<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/www.kopykitab.com\/blog\/ts-grewal-class-11-accountancy-solutions-chapter-12\/#what-is-a-bank-draft\" title=\"What is a bank draft?\">What is a bank draft?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/www.kopykitab.com\/blog\/ts-grewal-class-11-accountancy-solutions-chapter-12\/#how-many-parties-are-involved-in-a-bill-exchange\" title=\"How many parties are involved in a bill exchange?\">How many parties are involved in a bill exchange?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/www.kopykitab.com\/blog\/ts-grewal-class-11-accountancy-solutions-chapter-12\/#can-i-download-ts-grewal-class-11-accountancy-solutions-chapter-12-%e2%80%93-accounting-for-bills-exchange-free-pdf\" title=\"Can I download TS Grewal Class 11 Accountancy Solutions Chapter 12 &#8211; Accounting for Bills Exchange free PDF? \">Can I download TS Grewal Class 11 Accountancy Solutions Chapter 12 &#8211; Accounting for Bills Exchange free PDF? <\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"ts-grewal-class-11-accountancy-solutions-chapter-12-%e2%80%93-accounting-for-bills-exchange-download-free-pdf\"><\/span>TS Grewal Class 11 Accountancy Solutions Chapter 12 &#8211; Accounting for Bills Exchange | Download Free PDF<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><a href=\"https:\/\/www.kopykitab.com\/blog\/wp-content\/uploads\/2021\/04\/TS-Grewal-Class-11-Accountancy-Solutions-Chapter-12.pdf\">TS Grewal Class 11 Accountancy Solutions Chapter 12<\/a><\/p>\n<div id=\"example1\" style=\"text-align: justify;\">\u00a0<\/div>\n<p style=\"text-align: justify;\"><style>\n.pdfobject-container { height: 500px;}<br \/>\n.pdfobject { border: 1px solid #666; }<br \/>\n<\/style><\/p>\n<p style=\"text-align: justify;\"><script src=\"https:\/\/www.kopykitab.com\/_utility\/js\/pdfobject.min.js\"><\/script><br \/><script>PDFObject.embed(\"https:\/\/www.kopykitab.com\/blog\/wp-content\/uploads\/2021\/04\/TS-Grewal-Class-11-Accountancy-Solutions-Chapter-12.pdf\", \"#example1\");<\/script><\/p>\n<h2><span class=\"ez-toc-section\" id=\"detailed-explanation-for-chapter-12-%e2%80%93-accounting-for-bills-exchange-ts-grewal-class-11-accountancy-solutions\"><\/span>Detailed Explanation for Chapter 12 &#8211; Accounting for Bills Exchange, TS Grewal Class 11 Accountancy Solutions<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"meaning-of-a-bill-exchange\"><\/span><strong>Meaning of a bill exchange<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>TS Grewal Class 11 Accountancy Solutions begins the explanation of Chapter 12 by answering the first and basic question, i.e., the meaning of a bill exchange.<\/p>\n<p>So, a bill exchange is explained as a written order used by trade and other multinational companies or firms for doing business on international grounds. This bill makes one party bound to pay a fixed amount of money to another party on their demand or an already decided date.<\/p>\n<p>Students might think of bills of exchange and cheques as something different from each other. But TS Grewal Class 11 Accountancy Solutions mentions no big difference between them. Instead, they are quite similar as both of them can be quickly drawn by an individual or bank and both of them are transferable by endorsement.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"types-of-bills-exchange\"><\/span><strong>Types of bills exchange <\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<ol>\n<li>Bank draft: A bank draft is a kind of bill exchange issued to a payee by the bank. This exchange shows the banks taking guarantees of the payments done in the transactions.<\/li>\n<li>Sight draft: This is the type of bill exchange where funds need to be paid on an immediate basis or on-demand.<\/li>\n<li>\n<p>Trade draft: If the bills\u2019 exchange is taken by an individual, then it is a trade draft.<\/p>\n<\/li>\n<\/ol>\n<h3><span class=\"ez-toc-section\" id=\"points-to-remember\"><\/span><strong>Points to remember<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<ol>\n<li>A bill exchange can happen when there is an involvement of 3 parties:<\/li>\n<\/ol>\n<ul>\n<li>First is the drawee, party that pays the amount.<\/li>\n<li>Second is the payee, the receiver of the money paid by the drawee.<\/li>\n<li>The third is the drawer, who obliges the drawee to pay to a payee.<\/li>\n<\/ul>\n<ol>\n<li>The main use of bill exchange is for making international trade and helping exporters and importers complete their transactions quickly and successfully.<\/li>\n<li>Although this bill is not a contract, the parties involved in the exchange can draw terms of transactions, like rate of accrued interest and credit terms.<\/li>\n<\/ol>\n<h2><span class=\"ez-toc-section\" id=\"ts-grewal-class-11-accountancy-solutions-chapter-12-%e2%80%93-accounting-for-bills-exchange-sample-questions\"><\/span>TS Grewal Class 11 Accountancy Solutions Chapter 12 &#8211; Accounting for Bills Exchange: Sample Questions\u00a0<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"sample-question-1\"><\/span>Sample question 1:<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Calculate the due date of the following cases mentioned below:<\/p>\n<table>\n<tbody>\n<tr>\n<td width=\"319\">\n<p>Date of bill<\/p>\n<\/td>\n<td width=\"319\">\n<p>Tenure<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td width=\"319\">\n<p>December 1, 2017<\/p>\n<\/td>\n<td width=\"319\">\n<p>60 days<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td width=\"319\">\n<p>April 30, 2018<\/p>\n<\/td>\n<td width=\"319\">\n<p>2 months<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td width=\"319\">\n<p>Jan 28, 2018<\/p>\n<\/td>\n<td width=\"319\">\n<p>1 month<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td width=\"319\">\n<p>Nov 23, 2017<\/p>\n<\/td>\n<td width=\"319\">\n<p>2 months<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td width=\"319\">\n<p>May 29, 2017<\/p>\n<\/td>\n<td width=\"319\">\n<p>4 months<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h3><span class=\"ez-toc-section\" id=\"answer\"><\/span>Answer:\u00a0<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<table>\n<tbody>\n<tr>\n<td width=\"160\">\n<p>Date of bill<\/p>\n<\/td>\n<td width=\"160\">\n<p>Period<\/p>\n<\/td>\n<td width=\"160\">\n<p>Calculation<\/p>\n<\/td>\n<td width=\"160\">\n<p>Due date<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td width=\"160\">\n<p>December 1, 2017<\/p>\n<\/td>\n<td width=\"160\">\n<p>60 days<\/p>\n<\/td>\n<td width=\"160\">\n<p>30 Dec, 2017+ 30 Jan, 2017+ 3 days of grace<\/p>\n<\/td>\n<td width=\"160\">\n<p>Feb 2<sup>nd,<\/sup> 2018<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td width=\"160\">\n<p>April 30, 2018<\/p>\n<\/td>\n<td width=\"160\">\n<p>2 months<\/p>\n<\/td>\n<td width=\"160\">\n<p>2 months from 30 April 2018 would be 30 June 2018 + 3 days of grace<\/p>\n<\/td>\n<td width=\"160\">\n<p>July 3<sup>rd,<\/sup> 2018<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td width=\"160\">\n<p>Jan 28, 2018<\/p>\n<\/td>\n<td width=\"160\">\n<p>1 month<\/p>\n<\/td>\n<td width=\"160\">\n<p>1 month from 28 Jan 2018 would be 28 Feb 2018 + 3 days of grace.<\/p>\n<\/td>\n<td width=\"160\">\n<p>March 3<sup>rd,<\/sup> 2018<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td width=\"160\">\n<p>Nov 23, 2017<\/p>\n<\/td>\n<td width=\"160\">\n<p>2 months<\/p>\n<\/td>\n<td width=\"160\">\n<p>2 months from 23 Nov 2017 would be 23 Jan 2018 + 3 days of grace.<\/p>\n<\/td>\n<td width=\"160\">\n<p>Jan 26<sup>th, <\/sup>2018, national holiday, the due date would be Jan 25<sup>th,<\/sup> 2018.<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td width=\"160\">\n<p>May 29, 2017<\/p>\n<\/td>\n<td width=\"160\">\n<p>4 months<\/p>\n<\/td>\n<td width=\"160\">\n<p>4 months from 29 May 2017 would be 29 Sept 2017 + 3 days of grace.<\/p>\n<\/td>\n<td width=\"160\">\n<p>Oct 2<sup>nd,<\/sup> 2017, national holiday, the due date would be Oct 1<sup>st,<\/sup> 2017<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>We have included complete information regarding <a href=\"https:\/\/www.cbse.gov.in\/\" target=\"_blank\" rel=\"noopener\">CBSE<\/a> TS Grewal Class 11 Accountancy Solutions Chapter 12 &#8211; Accounting for Bills Exchange. If you have any queries regarding the Class 11 Accountancy exam, you can ask in the comment box.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"faqs-ts-grewal-class-11-accountancy-solutions-chapter-12-%e2%80%93-accounting-for-bills-exchange\"><\/span>FAQs: TS Grewal Class 11 Accountancy Solutions Chapter 12 &#8211; Accounting for Bills Exchange<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n<div id=\"rank-math-faq\" class=\"rank-math-block\">\n<div class=\"rank-math-list \">\n<div id=\"faq-question-1618243025905\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \"><span class=\"ez-toc-section\" id=\"what-is-a-bill-exchange-define-it\"><\/span>What is a bill exchange? Define it.<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<div class=\"rank-math-answer \">\n\n<p>A bill exchange is explained as a written order used by trade and other multinational companies or firms for doing business on international grounds. This bill makes one party bound to pay a fixed amount of money to another party on their demand or on an already decided date.<\/p>\n\n<\/div>\n<\/div>\n<div id=\"faq-question-1618243042939\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \"><span class=\"ez-toc-section\" id=\"what-is-a-bank-draft\"><\/span>What is a bank draft?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<div class=\"rank-math-answer \">\n\n<p>A bank draft is a kind of bill exchange issued to a payee by the bank. This exchange shows the banks taking a guarantee of the payments done in the transactions.<\/p>\n\n<\/div>\n<\/div>\n<div id=\"faq-question-1618243071737\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \"><span class=\"ez-toc-section\" id=\"how-many-parties-are-involved-in-a-bill-exchange\"><\/span>How many parties are involved in a bill exchange?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<div class=\"rank-math-answer \">\n\n<p>A bill exchange can happen when there is an involvement of 3 parties:<br \/>1. First is the drawee, party that pays the amount.<br \/>2. Second is the payee, receiver of the money paid by the drawee.3. <br \/>3. Third is the drawer, who obliges the drawee to pay to a payee.<\/p>\n\n<\/div>\n<\/div>\n<div id=\"faq-question-1633509336543\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \"><span class=\"ez-toc-section\" id=\"can-i-download-ts-grewal-class-11-accountancy-solutions-chapter-12-%e2%80%93-accounting-for-bills-exchange-free-pdf\"><\/span>Can I download TS Grewal Class 11 Accountancy Solutions Chapter 12 &#8211; Accounting for Bills Exchange free PDF? <span class=\"ez-toc-section-end\"><\/span><\/h3>\n<div class=\"rank-math-answer \">\n\n<p>Yes, you can download TS Grewal Class 11 Accountancy Solutions Chapter 12 &#8211; Accounting for Bills Exchange free PDF. <\/p>\n\n<\/div>\n<\/div>\n<\/div>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>TS Grewal Class 11 Accountancy Solutions Chapter 12: One of the most important topics in Class 11th Accountancy is Chapter 12 &#8211; Accounting for Bills Exchange and TS Grewal Class 11 Accountancy Solutions has made it easier for the students. The exchange of bills is the chapter of numerical and preparing bills is an important &#8230; <a title=\"TS Grewal Class 11 Accountancy Solutions Chapter 12 &#8211; Accounting for Bills Exchange 2021-22\" class=\"read-more\" href=\"https:\/\/www.kopykitab.com\/blog\/ts-grewal-class-11-accountancy-solutions-chapter-12\/\" aria-label=\"More on TS Grewal Class 11 Accountancy Solutions Chapter 12 &#8211; Accounting for Bills Exchange 2021-22\">Read more<\/a><\/p>\n","protected":false},"author":244,"featured_media":135528,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"","fifu_image_alt":""},"categories":[73694,2917,73410],"tags":[62123,75066,3570,75067],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/www.kopykitab.com\/blog\/wp-json\/wp\/v2\/posts\/83599"}],"collection":[{"href":"https:\/\/www.kopykitab.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.kopykitab.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.kopykitab.com\/blog\/wp-json\/wp\/v2\/users\/244"}],"replies":[{"embeddable":true,"href":"https:\/\/www.kopykitab.com\/blog\/wp-json\/wp\/v2\/comments?post=83599"}],"version-history":[{"count":5,"href":"https:\/\/www.kopykitab.com\/blog\/wp-json\/wp\/v2\/posts\/83599\/revisions"}],"predecessor-version":[{"id":138282,"href":"https:\/\/www.kopykitab.com\/blog\/wp-json\/wp\/v2\/posts\/83599\/revisions\/138282"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.kopykitab.com\/blog\/wp-json\/wp\/v2\/media\/135528"}],"wp:attachment":[{"href":"https:\/\/www.kopykitab.com\/blog\/wp-json\/wp\/v2\/media?parent=83599"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.kopykitab.com\/blog\/wp-json\/wp\/v2\/categories?post=83599"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.kopykitab.com\/blog\/wp-json\/wp\/v2\/tags?post=83599"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}