Page 268 - VIRANSH COACHING CLASSES

Illustration 5. (Qualified Acceptance as to time)
Partners of Neerja Publishing House, Nariman Point, Mumbai, Sameer Gupta, draws a bill
th
of exchange for 1 month on 9 February, 2020 for ` 62,000 on Namrata Kokil, Panvel Road,
Kharghar, payable to M/s Vidya Traders, Lonavala. The bill was accepted on the same day for
2 months.
From the above details prepare a format of bill of exchange.

Bill of Exchange

STAMP Neerja Publishing House,

Nariman Point,

Mumbai
` 62,000 Date : 9 February, 2020.
th

One month after date pay to M/S Vidya Traders, Lonavala, or their order a sum of Rupees
Sixty Two Thousand only, for the value received.

Sd/-
(Sameer Gupta)
Partner for Neerja Publishing House

To,

Namrata Kokil,
Panvel Road,

Kharghar

Accepted for Two months
Sd/-
(Namrata Kokil)

Date : 9 February, 2020.
th

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