Class 12 Exam  >  Class 12 Questions  >  Prepare a bill of exchange form the following... Start Learning for Free
Prepare a bill of exchange form the following details. Drawer :Kashmira shah:partner M/S shah and shah 2-C Matruchaya building Akola. Drawer: Dhanashree traders, Bangalore road, Belgaum (signed by Jayashree, partner) payee:M/S Janki Traders, Akola. Amy: 64,000 Period of Bill:3 months Date of drawing:12 September 2019. Date of acceptance: 15th September 2019.?
Most Upvoted Answer
Prepare a bill of exchange form the following details. Drawer :Kashmir...
Bill of Exchange

Details of the Drawer:

  • Name: Kashmira Shah (Partner, M/S Shah and Shah)

  • Address: 2-C Matruchaya Building, Akola



Details of the Drawee:

  • Name: Dhanashree Traders

  • Address: Bangalore Road, Belgaum

  • Authorized Signatory: Jayashree (Partner)



Payee:

  • Name: M/S Janki Traders

  • Address: Akola



Bill Details:

  • Amount: Rs. 64,000

  • Period of Bill: 3 months

  • Date of Drawing: 12 September 2019

  • Date of Acceptance: 15 September 2019



Explanation:
This bill of exchange is a legal document that serves as a written promise from the drawer, Kashmira Shah, to pay the payee, M/S Janki Traders, a total amount of Rs. 64,000. The drawee, Dhanashree Traders, has been authorized by the drawer to make the payment to the payee on behalf of the drawer. The bill has a maturity date of 3 months from the date of drawing, which is 12 September 2019. The acceptance date is 15 September 2019. Once the bill has been accepted, it becomes a negotiable instrument and can be traded in the market. This bill of exchange is an important financial instrument that helps in facilitating trade and commerce.
Explore Courses for Class 12 exam

Similar Class 12 Doubts

There is a controversy raging over the entry of giants such as Tesco and Wal-Mart into India after the government last week permitted foreign direct investment (FDI) in multi-brand retail. Most economic analysts look at it in terms of capital coming into India to oust local shopkeepers or in terms of capital coming in to offer better prices to farmers or set up distribution chains and storage facilities to help consumers. These arguments seem a little old. There is a technological dimension to this that may reveal that it is India that is behind the competitive edge of big retail chains.In 2009, Wal-Mart picked Bangalore-based Infosys Technologies and India-centric Cognizant among three information technology service vendors for a $600 million multi-year contract. Finance is now easily available for retail companies from banks and equity markets. What sets the real smart retail giants apart is their ability to leverage software and IT to keep their competitive edge.Supply chain software can help lower costs by managing inventories. Data analytics and customer relations software can help them identify the more lucrative customers or choose discount strategies. Partners, employees and vendors of retail giants are now connected by software. Indian talent figures in all this.Infosys was an early adapter of Wal-Mart’s move to go in for radio-frequency identification (RFID) tags that helps the retail chain track inventories at low cost. Last year, Wal-Mart also acquired Kosmix, a cutting-edge search engine, founded by Indian-born Venky Harinarayan and Anand Rajaraman (who earlier co-founded Junglee.com that Amazon acquire d). Now Kosmix is a part of WalMart Labs. Its technology filters and aggregates information by topic from Twitter messages and the larger Web in real time. This is a new way to interact with shoppers.Tesco now owes its edge to its Bangalore IT facility called the “Hindustan Service Centre”. The British retail chain says 6,000-employee-strong HSC’s strategic initiatives cover the “IT, business, financial, commercial and property aspects.” In Bangalore, Indian techies develop tools like mobile applications for Tesco.Q. According to the passage, which of the following are the essential elements in the success of retail giants? The use of technology to maintain an advantage over others. Sales and marketing strategies based on an analysis of customer data. Maintenance of large inventories to bring the benefits of low cost to the customer.Select the correct answer using the code given below.

There is a controversy raging over the entry of giants such as Tesco and Wal-Mart into India after the government last week permitted foreign direct investment (FDI) in multi-brand retail. Most economic analysts look at it in terms of capital coming into India to oust local shopkeepers or in terms of capital coming in to offer better prices to farmers or set up distribution chains and storage facilities to help consumers. These arguments seem a little old. There is a technological dimension to this that may reveal that it is India that is behind the competitive edge of big retail chains.In 2009, Wal-Mart picked Bangalore-based Infosys Technologies and India-centric Cognizant among three information technology service vendors for a $600 million multi-year contract. Finance is now easily available for retail companies from banks and equity markets. What sets the real smart retail giants apart is their ability to leverage software and IT to keep their competitive edge.Supply chain software can help lower costs by managing inventories. Data analytics and customer relations software can help them identify the more lucrative customers or choose discount strategies. Partners, employees and vendors of retail giants are now connected by software. Indian talent figures in all this.Infosys was an early adapter of Wal-Mart’s move to go in for radio-frequency identification (RFID) tags that helps the retail chain track inventories at low cost. Last year, Wal-Mart also acquired Kosmix, a cutting-edge search engine, founded by Indian-born Venky Harinarayan and Anand Rajaraman (who earlier co-founded Junglee.com that Amazon acquire d). Now Kosmix is a part of WalMart Labs. Its technology filters and aggregates information by topic from Twitter messages and the larger Web in real time. This is a new way to interact with shoppers.Tesco now owes its edge to its Bangalore IT facility called the “Hindustan Service Centre”. The British retail chain says 6,000-employee-strong HSC’s strategic initiatives cover the “IT, business, financial, commercial and property aspects.” In Bangalore, Indian techies develop tools like mobile applications for Tesco.Q. Consider the following statements. Wal-Mart picked Infosys Technologies in 2008. Retail companies procure finance from banks and equity markets.According to the above passage, which of the statements is/are valid?

There is a controversy raging over the entry of giants such as Tesco and Wal-Mart into India after the government last week permitted foreign direct investment (FDI) in multi-brand retail. Most economic analysts look at it in terms of capital coming into India to oust local shopkeepers or in terms of capital coming in to offer better prices to farmers or set up distribution chains and storage facilities to help consumers. These arguments seem a little old. There is a technological dimension to this that may reveal that it is India that is behind the competitive edge of big retail chains.In 2009, Wal-Mart picked Bangalore-based Infosys Technologies and India-centric Cognizant among three information technology service vendors for a $600 million multi-year contract. Finance is now easily available for retail companies from banks and equity markets. What sets the real smart retail giants apart is their ability to leverage software and IT to keep their competitive edge.Supply chain software can help lower costs by managing inventories. Data analytics and customer relations software can help them identify the more lucrative customers or choose discount strategies. Partners, employees and vendors of retail giants are now connected by software. Indian talent figures in all this.Infosys was an early adapter of Wal-Mart’s move to go in for radio-frequency identification (RFID) tags that helps the retail chain track inventories at low cost. Last year, Wal-Mart also acquired Kosmix, a cutting-edge search engine, founded by Indian-born Venky Harinarayan and Anand Rajaraman (who earlier co-founded Junglee.com that Amazon acquire d). Now Kosmix is a part of WalMart Labs. Its technology filters and aggregates information by topic from Twitter messages and the larger Web in real time. This is a new way to interact with shoppers.Tesco now owes its edge to its Bangalore IT facility called the “Hindustan Service Centre”. The British retail chain says 6,000-employee-strong HSC’s strategic initiatives cover the “IT, business, financial, commercial and property aspects.” In Bangalore, Indian techies develop tools like mobile applications for Tesco.Q. Consider the following statements. Anand Rajaraman was a manager of Junglee.com Last year, Wal-Mart was bought by Kosmix.According to the above passage, which of the statements is/are valid?

There is a controversy raging over the entry of giants such as Tesco and Wal-Mart into India after the government last week permitted foreign direct investment (FDI) in multi-brand retail. Most economic analysts look at it in terms of capital coming into India to oust local shopkeepers or in terms of capital coming in to offer better prices to farmers or set up distribution chains and storage facilities to help consumers. These arguments seem a little old. There is a technological dimension to this that may reveal that it is India that is behind the competitive edge of big retail chains.In 2009, Wal-Mart picked Bangalore-based Infosys Technologies and India-centric Cognizant among three information technology service vendors for a $600 million multi-year contract. Finance is now easily available for retail companies from banks and equity markets. What sets the real smart retail giants apart is their ability to leverage software and IT to keep their competitive edge.Supply chain software can help lower costs by managing inventories. Data analytics and customer relations software can help them identify the more lucrative customers or choose discount strategies. Partners, employees and vendors of retail giants are now connected by software. Indian talent figures in all this.Infosys was an early adapter of Wal-Mart’s move to go in for radio-frequency identification (RFID) tags that helps the retail chain track inventories at low cost. Last year, Wal-Mart also acquired Kosmix, a cutting-edge search engine, founded by Indian-born Venky Harinarayan and Anand Rajaraman (who earlier co-founded Junglee.com that Amazon acquire d). Now Kosmix is a part of WalMart Labs. Its technology filters and aggregates information by topic from Twitter messages and the larger Web in real time. This is a new way to interact with shoppers.Tesco now owes its edge to its Bangalore IT facility called the “Hindustan Service Centre”. The British retail chain says 6,000-employee-strong HSC’s strategic initiatives cover the “IT, business, financial, commercial and property aspects.” In Bangalore, Indian techies develop tools like mobile applications for Tesco.Q. Which of the following options best explains the purpose of the last four paragraphs?

There is a controversy raging over the entry of giants such as Tesco and Wal-Mart into India after the government last week permitted foreign direct investment (FDI) in multi-brand retail. Most economic analysts look at it in terms of capital coming into India to oust local shopkeepers or in terms of capital coming in to offer better prices to farmers or set up distribution chains and storage facilities to help consumers. These arguments seem a little old. There is a technological dimension to this that may reveal that it is India that is behind the competitive edge of big retail chains.In 2009, Wal-Mart picked Bangalore-based Infosys Technologies and India-centric Cognizant among three information technology service vendors for a $600 million multi-year contract. Finance is now easily available for retail companies from banks and equity markets. What sets the real smart retail giants apart is their ability to leverage software and IT to keep their competitive edge.Supply chain software can help lower costs by managing inventories. Data analytics and customer relations software can help them identify the more lucrative customers or choose discount strategies. Partners, employees and vendors of retail giants are now connected by software. Indian talent figures in all this.Infosys was an early adapter of Wal-Mart’s move to go in for radio-frequency identification (RFID) tags that helps the retail chain track inventories at low cost. Last year, Wal-Mart also acquired Kosmix, a cutting-edge search engine, founded by Indian-born Venky Harinarayan and Anand Rajaraman (who earlier co-founded Junglee.com that Amazon acquire d). Now Kosmix is a part of WalMart Labs. Its technology filters and aggregates information by topic from Twitter messages and the larger Web in real time. This is a new way to interact with shoppers.Tesco now owes its edge to its Bangalore IT facility called the “Hindustan Service Centre”. The British retail chain says 6,000-employee-strong HSC’s strategic initiatives cover the “IT, business, financial, commercial and property aspects.” In Bangalore, Indian techies develop tools like mobile applications for Tesco.Q. From the passage, it can be assumed that the author’s views on FDI in multi-brand retail are

Prepare a bill of exchange form the following details. Drawer :Kashmira shah:partner M/S shah and shah 2-C Matruchaya building Akola. Drawer: Dhanashree traders, Bangalore road, Belgaum (signed by Jayashree, partner) payee:M/S Janki Traders, Akola. Amy: 64,000 Period of Bill:3 months Date of drawing:12 September 2019. Date of acceptance: 15th September 2019.?
Question Description
Prepare a bill of exchange form the following details. Drawer :Kashmira shah:partner M/S shah and shah 2-C Matruchaya building Akola. Drawer: Dhanashree traders, Bangalore road, Belgaum (signed by Jayashree, partner) payee:M/S Janki Traders, Akola. Amy: 64,000 Period of Bill:3 months Date of drawing:12 September 2019. Date of acceptance: 15th September 2019.? for Class 12 2024 is part of Class 12 preparation. The Question and answers have been prepared according to the Class 12 exam syllabus. Information about Prepare a bill of exchange form the following details. Drawer :Kashmira shah:partner M/S shah and shah 2-C Matruchaya building Akola. Drawer: Dhanashree traders, Bangalore road, Belgaum (signed by Jayashree, partner) payee:M/S Janki Traders, Akola. Amy: 64,000 Period of Bill:3 months Date of drawing:12 September 2019. Date of acceptance: 15th September 2019.? covers all topics & solutions for Class 12 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Prepare a bill of exchange form the following details. Drawer :Kashmira shah:partner M/S shah and shah 2-C Matruchaya building Akola. Drawer: Dhanashree traders, Bangalore road, Belgaum (signed by Jayashree, partner) payee:M/S Janki Traders, Akola. Amy: 64,000 Period of Bill:3 months Date of drawing:12 September 2019. Date of acceptance: 15th September 2019.?.
Solutions for Prepare a bill of exchange form the following details. Drawer :Kashmira shah:partner M/S shah and shah 2-C Matruchaya building Akola. Drawer: Dhanashree traders, Bangalore road, Belgaum (signed by Jayashree, partner) payee:M/S Janki Traders, Akola. Amy: 64,000 Period of Bill:3 months Date of drawing:12 September 2019. Date of acceptance: 15th September 2019.? in English & in Hindi are available as part of our courses for Class 12. Download more important topics, notes, lectures and mock test series for Class 12 Exam by signing up for free.
Here you can find the meaning of Prepare a bill of exchange form the following details. Drawer :Kashmira shah:partner M/S shah and shah 2-C Matruchaya building Akola. Drawer: Dhanashree traders, Bangalore road, Belgaum (signed by Jayashree, partner) payee:M/S Janki Traders, Akola. Amy: 64,000 Period of Bill:3 months Date of drawing:12 September 2019. Date of acceptance: 15th September 2019.? defined & explained in the simplest way possible. Besides giving the explanation of Prepare a bill of exchange form the following details. Drawer :Kashmira shah:partner M/S shah and shah 2-C Matruchaya building Akola. Drawer: Dhanashree traders, Bangalore road, Belgaum (signed by Jayashree, partner) payee:M/S Janki Traders, Akola. Amy: 64,000 Period of Bill:3 months Date of drawing:12 September 2019. Date of acceptance: 15th September 2019.?, a detailed solution for Prepare a bill of exchange form the following details. Drawer :Kashmira shah:partner M/S shah and shah 2-C Matruchaya building Akola. Drawer: Dhanashree traders, Bangalore road, Belgaum (signed by Jayashree, partner) payee:M/S Janki Traders, Akola. Amy: 64,000 Period of Bill:3 months Date of drawing:12 September 2019. Date of acceptance: 15th September 2019.? has been provided alongside types of Prepare a bill of exchange form the following details. Drawer :Kashmira shah:partner M/S shah and shah 2-C Matruchaya building Akola. Drawer: Dhanashree traders, Bangalore road, Belgaum (signed by Jayashree, partner) payee:M/S Janki Traders, Akola. Amy: 64,000 Period of Bill:3 months Date of drawing:12 September 2019. Date of acceptance: 15th September 2019.? theory, EduRev gives you an ample number of questions to practice Prepare a bill of exchange form the following details. Drawer :Kashmira shah:partner M/S shah and shah 2-C Matruchaya building Akola. Drawer: Dhanashree traders, Bangalore road, Belgaum (signed by Jayashree, partner) payee:M/S Janki Traders, Akola. Amy: 64,000 Period of Bill:3 months Date of drawing:12 September 2019. Date of acceptance: 15th September 2019.? tests, examples and also practice Class 12 tests.
Explore Courses for Class 12 exam
Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
10M+ students study on EduRev