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Illustration 2. (Format of After Date Bill with General Acceptance and Payee’s name is given)
From the following details prepare a format of bill of exchange.
1. Drawer : Mr. Mukund Desai, No.14, Heritage Heights, Nagpur.
2. Drawee : Mr. Yogesh Tilak, Narayan Peth, Pune.
3. Amount ` 30,000.
4. Tenure or term :90 days.
5. Date of Bill : 16 July, 2019.
th
th
6. Date of acceptance : 20 July, 2019.
7. Payee : Shravan Dave, Panvel.
Bill of Exchange
STAMP Mr. Mukund Desai,
No. 14, Heritage Heights,
Nagpur
th
` 30,000 Date : 16 July, 2019.
Ninety days after date pay to Shravan Dave, Panvel, or his order the sum of Rupees Thirty
Thousand Only, for the value received.
Sd/-
(Mr. Mukund Desai)
To,
Mr. Yogendra Tilak,
Narayan Peth,
Amravati.
“Accepted”
Sd/-
(Mr. Yogendra Tilak)
Date : 20th July, 2019.
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