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  • Encashing the bill before the date of its maturity is called ______. #861
  • On dishonour of a discounted bill, who does the bank look for payment? #862
  • Due date of a bill of exchange drawn on 30th January 2011 for one month will be ______. #863
  • The party which is ordered to pay the amount of bill of exchange is called ______. #864
  • In the case of term bill, extra three days are given to the acceptor are called? #865
  • When an acceptor refuses to pay the amount of bill to the holder of a bill on its maturity, is called? #866
  • Which of the following is not true? #867
  • If the drawer is in need of money and cannot wait till the due date and receive the money from the bank, is called? #868
  • The purpose of the accommodation bill is _______. #869
  • In cash book, the favourable balance indicates #870
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