Endorsement, discounting and collection of bills of exchange is made by
A. Debtors
B. Creditors
C. Drawee
D. Drawer
Answer: Option D
Solution(By Examveda Team)
Endorsement, discounting and collection of bills of exchange is made by Drawer. The individual or firm that issues or signs a draft instructing the drawee to pay a specified sum of money to, or to the order of, a named person (payee), or to bearer.Related Questions on Accounting
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