Bills are financial negotiable instruments such as Bills of Exchange or
Promissory Notes. Bill of Exchange is issued by a seller to his buyer directing
him to make payment for the goods supplied/ services rendered. Bill in the
form of a promissory note is issued by a buyer to his seller undertaking to
make payment for the goods received/ services rendered.
Promissory Notes. Bill of Exchange is issued by a seller to his buyer directing
him to make payment for the goods supplied/ services rendered. Bill in the
form of a promissory note is issued by a buyer to his seller undertaking to
make payment for the goods received/ services rendered.
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