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Illustration 6. (Demand Bill)
Prepare a format of bill of exchange from the following details.
1. Drawer : Kedar Pandit, 22/1, Kalpataru Estate, Pirangut, Pune.
2. Drawee : Gauri Mulay, Vashi, Navi Mumbai.
3. Date of Bill : 14 August, 2019.
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4. Date of acceptance : 17 August, 2019.
5. Amount ` 38,740
Bill of Exchange
STAMP Kedar Pandit,
22/1, Kalpataru Estate,
Pirangut, Pune.
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` 38,740 Date : 14 August, 2019.
On demand pay to me or my order a sum of Rupees Thirty Eight Thousnad Seven Hundred
and Forty only, for the value received.
Sd/-
(Kedar Pandit)
To,
Gauri Mulay,
Vashi,
Navi Mumbai.
Date 17th August, 2019.
Accepted
Sd/-
(Gauri Mulay)
Date 17 August, 2019.
th
(Note : Period of bill is not mentioned in a Demand Bill. Amount is to be paid by the acceptor
on presentation of bill by the Drawer)
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