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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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