CameraIcon

SearchIcon

MyQuestionIcon

7

You visited us 7 times! Enjoying our articles? Unlock Full Access!

Change in Profit Sharing Ratio(PSR)

Give word / t...

Question

Give word / term or phrase for each of the following statement.

The person in whose favour the bill transferred.

Open in App

Solution

Endorsee

Explanation: On endorsement, the person in whose favour the bill is transferred (i.e. the holder’s creditor) is known as an endorsee.

Suggest Corrections

thumbs-up

0

Similar questions

Q. Write a word / term / phrase as a substitute for the following statement.
The person in whose favour the bill is transferred.

Q. Give word / term or phrase for each of the following statement.

The person who transfer the ownership of the bill.

Q. Give word / term or phrase for each of the following statement.

A person who draws a bill of exchange.

Q. Give word / term or phrase for each of the following statement.

A person on whom a bill of exchange is drawn.

Q. Give word / term or phrase for each of the following statement.

Payment of the bill before due date.

View More

Join BYJU'S Learning Program

similar_icon

Related Videos

lock

Change in Profit Sharing Ratio

ACCOUNTANCY

Watch in App

explore_more_icon

Explore more

Change in Profit Sharing Ratio(PSR)

Standard XII Accountancy

Join BYJU'S Learning Program

CrossIcon