A bill of exchange is an unconditional order from one party to the other to pay on demand or at a stated future date the sum on the bill. It must be signed by the drawer and be accepted by the drawee.
sharon kalunda answered the question on February 28, 2019 at 13:59
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i) F. O. R
ii) O . M . O
iii) C. I . F
iv) C. W. O
(Solved)
What is meant by the following abbreviations as used in the study of commerce.
i) F. O. R
ii) O . M . O
iii) C. I . F
iv) C. W. O
Date posted: February 28, 2019. Answers (1)
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Date posted: February 28, 2019. Answers (1)
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(i) Registered capital.
(ii) Called - up capital.
(iii) Issued capital.
(iv) Paid - up...(Solved)
Briefly explain the following terms as used in Capital structure of a company.
(i) Registered capital.
(ii) Called - up capital.
(iii) Issued capital.
(iv) Paid - up capital.
Date posted: February 28, 2019. Answers (1)
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Date posted: February 28, 2019. Answers (1)
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A business enterprise should keep a budget other than the other statements it
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Date posted: February 28, 2019. Answers (1)
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Date posted: February 28, 2019. Answers (1)
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Date posted: February 28, 2019. Answers (1)
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Capital as at 31...(Solved)
The following balances relates to a business for the year ended 31 Dec 1990.
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Drawings for the year 5,000
Net profit for the year 5,000
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Date posted: February 28, 2019. Answers (1)
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Date posted: February 28, 2019. Answers (1)