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Question

Prepare a specimen of Bill of Exchange from the following information:
1. Drawer - Shri Ratnakar Patil,
205, New Bazer,
Amaravati.
2. Drawee - Shri Jairam Purohit,
Hiwarkheda Road,
Kannad.
3. Payee - Shri Rohit Joshi,
Kedareshwar Market,
Ladjalgaon.

4. Period of bill - 3 month
5. Amount of bill - Rs. 25,000
6. Date of bill - 25th August, 2013
7. Date of acceptance - 28th August, 2013

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Solution

Bill Of Exchange
Shri Ratnakar Patil
Stamp 205, New Bazer,
Amarvati
25th August, 2013
Three month after date to Shri Rohit Joshit, Kedareshwar Market, Ladjalgaon a sum of rupees twenty five thousand for value received.
Sd/
Ratnakar Patil
To, Accepted
Shri Jairam Puro sd/
Hiwarkheda Jiaram Purohit
Roa Kannad. 28th August, 2013


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