NCERT Solutions Class 11 Accountancy Chapter 8 Bills of Exchange have been provided below and is also available in Pdf for free download. The NCERT solutions for Class 11 Accountancy have been prepared as per the latest syllabus, NCERT books and examination pattern suggested in Class 11 by CBSE, NCERT and KVS. Questions given in NCERT book for Class 11 Accountancy are an important part of exams for Class 11 Accountancy and if answered properly can help you to get higher marks. Refer to more Chapter-wise answers for NCERT Class 11 Accountancy and also download more latest study material for all subjects. Chapter 8 Bills of Exchange is an important topic in Class 11, please refer to answers provided below to help you score better in exams
Chapter 8 Bills of Exchange Class 11 Accountancy NCERT Solutions
Class 11 Accountancy students should refer to the following NCERT questions with answers for Chapter 8 Bills of Exchange in Class 11. These NCERT Solutions with answers for Class 11 Accountancy will come in exams and help you to score good marks
Chapter 8 Bills of Exchange NCERT Solutions Class 11 Accountancy
NCERT Solutions class 11 Accountancy Chapter 8 Bills of Exchange. NCERT book for Accountancy in class 11 is strongly recommened by teachers and the CBSE and NCERT boards. Please download the NCERT solutions for class 11 Accountancy free in PDF made by teachers of the best schools in India. These solutions are carefully compiled to give detailed understanding of the concepts and also steps of solutions. The NCERT solutions are free to download in pdf format. Please refer to the download link below to download the pdf file and also refer to other chapters and subjects to get the solutions to Accounts NCERT book questions and exercises.
Q1. Name any two types of commonly used negotiable instruments.
Solution: Cheques and Bills of exchange are the commonly used negotiable instruments.
Q2. Write two points of distinction between bills of exchange and promissory note.
Solution:
Bills of Exchange Promissory Note
A bill of exchange is an instrument in writing containing an A promissory note is an instrument in writing containing an unconditional
unconditional order, signed by the maker directing a certain undertaking signed by the maker to pay a certain sum of money only to
person to pay a certain amount of money only to, or to the , or to the order of a certain person or to the bearer of the instrument.
There are three parties involved, namely drawer, drawee and payee. order of a certain person or to the bearer of the instrument.
There are two parties involved, namely maker and payee.
Q3. State any four essential features of bill of exchange.
Solution: Essential features of bills of exchange are as follows:
1. A bill of exchange is a written order to make payment.
2. It is an unconditional order to make payment by a person i.e. drawee.
3. The amount of bill of exchange and the date of payment are certain.
4. It is signed by the drawer of the bill.
5. It is accepted by the drawee by signing on it
Please click on link below to download NCERT Solutions class 11 Accountancy Chapter 8 Bills of Exchange.
| NCERT Solutions Class 11 Accountancy Chapter 1 Introduction to Accounting |
| NCERT Solutions Class 11 Accountancy Chapter 2 Theory Base of Accounting |
| NCERT Solutions Class 11 Accountancy Chapter 3 Recording of Transactions 1 |
| NCERT Solutions Class 11 Accountancy Chapter 4 Recording of Transactions 2 |
| NCERT Solutions Class 11 Accountancy Chapter 5 Bank Reconciliation Statement |
| NCERT Solutions Class 11 Accountancy Chapter 6 Trial Balance and Rectification of Errors |
| NCERT Solutions Class 11 Accountancy Chapter 7 Depreciation Provisions and Reserves |
| NCERT Solutions Class 11 Accountancy Chapter 8 Bills of Exchange |
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NCERT Solutions Class 11 Accountancy Chapter 8 Bills of Exchange
NCERT Solutions Class 11 Accountancy Chapter 8 Bills of Exchange is available on our website www.studiestoday.com for free download in Pdf. You can read the solutions to all questions given in your Class 11 Accountancy textbook online or you can easily download them in pdf.
Chapter 8 Bills of Exchange Class 11 Accountancy NCERT Solutions
The Class 11 Accountancy NCERT Solutions Chapter 8 Bills of Exchange are designed in a way that will help to improve the overall understanding of students. The answers to each question in Chapter 8 Bills of Exchange of Accountancy Class 11 has been designed based on the latest syllabus released for the current year. We have also provided detailed explanations for all difficult topics in Chapter 8 Bills of Exchange Class 11 chapter of Accountancy so that it can be easier for students to understand all answers.
NCERT Solutions Chapter 8 Bills of Exchange Class 11 Accountancy
Class 11 Accountancy NCERT Solutions Chapter 8 Bills of Exchange is a really good source using which the students can get more marks in exams. The same questions will be coming in your Class 11 Accountancy exam. Learn the Chapter 8 Bills of Exchange questions and answers daily to get a higher score. Chapter 8 Bills of Exchange of your Accountancy textbook has a lot of questions at the end of chapter to test the students understanding of the concepts taught in the chapter. Students have to solve the questions and refer to the step-by-step solutions provided by Accountancy teachers on studiestoday to get better problem-solving skills.
Chapter 8 Bills of Exchange Class 11 NCERT Solution Accountancy
These solutions of Chapter 8 Bills of Exchange NCERT Questions given in your textbook for Class 11 Accountancy have been designed to help students understand the difficult topics of Accountancy in an easy manner. These will also help to build a strong foundation in the Accountancy. There is a combination of theoretical and practical questions relating to all chapters in Accountancy to check the overall learning of the students of Class 11.
Class 11 NCERT Solution Accountancy Chapter 8 Bills of Exchange
NCERT Solutions Class 11 Accountancy Chapter 8 Bills of Exchange detailed answers are given with the objective of helping students compare their answers with the example. NCERT solutions for Class 11 Accountancy provide a strong foundation for every chapter. They ensure a smooth and easy knowledge of Revision notes for Class 11 Accountancy. As suggested by the HRD ministry, they will perform a major role in JEE. Students can easily download these solutions and use them to prepare for upcoming exams and also go through the Question Papers for Class 11 Accountancy to clarify all doubts
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