True or False All cheques are bills of exchange, but all bills of exchange are not cheques.

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True or False

All cheques are bills of exchange, but all bills of exchange are not cheques.

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Financial Accounting For Management

ISBN: 9789385965661

4th Edition

Authors: Neelakantan Ramachandran, Ram Kumar Kakani

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Question Posted: Aug 26, 2023 04:18 AM

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True or False All cheques are bills of exchange, but all bills of exchange are not cheques.

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True A cheque is a specific type of bill of exchange that is drawn ...View the full answer

Financial Accounting For Management

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