Promissory note is prepared by
A. Drawer
B. Endorsee
C. Drawee
D. All of the above
Answer: Option A
Solution(By Examveda Team)
Promissory note is prepared by Drawer. Promissory note is prepared and signed by the a person / organisation ( borrower) while borrowing money from a lender.This Question Belongs to Commerce >> Accounting
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There are two parties to the Promissory note.
Drawer and Payee.
Promissory note is prepared by the Drawer.
A. )drawer is correct answer