Question 4 :
<br/>Transfer of a negotiable instrument to another person by signing on it, is known as&#160;Endorsement.

Question 5 :
Writing a person's name on the face or the back of the bill for transferring his right to another.<br>

Question 6 :
Fees charged by the notary public on dishonouring of bill ______________.<br/>

Question 7 :
A person to whom the bill is endorsed is called _____________.<br/>

Question 8 :
Bills sent for collection Rs 1000 dishonored and noting charges paid by drawer Rs 100 then, Cash A/c will be credited by Rs. _____________.<br/>

Question 10 :
$X$ draws a bill on $Y$ for $Rs. 2,50,000$ on $1.1.2018$ for $3$ months after sight, date of acceptance is $6.1.2018$. Maturity date of the bill will be : __________.

Question 11 :
In a promissory note, the person who makes the promise to pay is called as&#160;Promisor.

Question 12 :
If the bill of exchange of two month's duration is accepted on 23rd November 1985 its maturity date will be ____________.<br/>

Question 13 :
From the following information, find out who can draw the bill if Mr A sold goods to B.

Question 15 :
X sold goods worth Rs 1,50,000 to Y. Y immediately accepted a bill on 1st Nov payable after 2 months. X discounted this bill @ 18% p.a. on 15th Nov. On the due date , Y failed to discharge the bill. Later on Y became insolvent and 50 paise in a rupee is recovered from Y's estate. How much amount of bad debt will be recorded in the books of X?

Question 16 :
On 1st Jan, X drew a bill on Y for 3 month for Rs 1,50,000. On 4th March, Y pays the bill to X at 12% p.a. discount, the amount of discount will be?

Question 19 :
<p>Mr.Ajay draws a bill on Mr.Vijay on 1st August, 2018 for Rs. 50,000 for 3 months payable after sight. The bill was accepted on 8th August, 2018. 11th November was a sudden Holiday. Calculate due date in the above case?</p>

Question 20 :
Which of the following is not true about a promisory note?

Question 21 :
If the bill of exchange of two month's duration is accepted on 15th September its maturity date will be __________.<br/>

Question 22 :
A draws a bill of exchange of $Rs. 8,000$ on B for $4$ months on $15th\ April$. What is the due date if on the due date a public holiday is suddenly declared?

Question 23 :
Rebate on bills discounted is _______ from interest and discount in the P/L Account .

Question 24 :
If the bill is drawn on 14th May and the duration of bill is 90days, the due date of bill will be ________________.<br/>

Question 25 :
If payment is made on the average due date it results in ________________.

Question 26 :
A bill dated $1st\ January\ 2014$ is a payable $60$ days after date. The maturity date of the bill will be _________.

Question 27 :
A one month bill drawn and accepted on 31st January, will become due on ___________.<br/>

Question 29 :
Noting charges are paid in the event of _________ of a bill.

Question 30 :
The account current method in which the days are calculated from the date of transaction to the commencement date is known as ____________.