Bill of Exchange: Financial Accounting (Dishonoring bills, Endorsing and Discounting a bill)

This video explains bill of exchange; Discounting, dishonoring & Endorsing a bills. It gives the format of bills of exchange, parties to bills of exchange, benefits or advantages of bills of exchange, types of bills of exchange, accounting entries (double entry) for bills of exchange, example of bills of exchange.
Bills of exchange as a form of negotiable instrument.
Bills of exchange is an unconditional order in writing, addressed by one person to another, signed by the person giving it, requiring the person to who it is addressed to pay on demand or at a fixed or determinable future time, a sum certain in money to or to the order of the specified person or to the bearer.
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