Bill of Exchange Plus one Accountancy Malayalam

Bill of Exchange Plus one Accountancy Malayalam
Explained: Bill of Exchange - Meaning & Definition
Features of a Bill of Exchange
Parties to a Bill of Exchange(Drawer, Drawee or the Acceptor, Payee)
Accounting Treatment :
1.He may hold it till maturity and obtain the payment from the acceptor on the due date.
2.He may discount it with his banker for immediate cash. The banker will deduct a small amount known as discount and the balance amount is paid to him.

Bill of exchange part 2
https://youtu.be/nlWZFcYDRJ0

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