Journal for Dishonour Incase of Holding till Maturity
Recording the...
Question
Recording the fact of dishonour on the bill by notary public.
A
Noting of bill
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B
Entry of bill
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C
Drawing of bill
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D
Renewal of bill
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Solution
The correct option is C Noting of bill The notary public authority has its principle operation for noting the facts to prove that bill is Dishonoured . Hence, such activity of recording the reasons of Dishonour of bill is called Noting of the bill.