Describe briefly the respective uses of demand drafts, sight drafts, and time drafts in commercial practice.
Question:
Describe briefly the respective uses of demand drafts, sight drafts, and time drafts in commercial practice.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 100% (QA)
Answered By
Lubna Syed
I have completed my graduation that is BSc.and now I am doing my masters in microbiology.I think science is my strength I love science and love to teach others.now I am teaching my cousins science and math and they love tha way I teach them.l now you also love my teaching.
0.00
0 Reviews
10+ Question Solved
Related Book For
The Law And Business Administration In Canada
ISBN: 9780133251678
14th Edition
Authors: J.E. Smyth, Dan Soberman, Alex Easson, Shelley McGill
Question Posted:
Students also viewed these Social Science questions
-
ACCORDING TO PROJECT MANAGEMENT PROJECT CHANGE, WHAT CHANGE IS REQUIRED FOR THIS CASE STUDY, JUSTIFY THE CHANGE BY APPLYING THE TOOLS AND TECHNIQUES FROM QUALITY MANAGEMENT IN IDENTIFYING THE ROOT...
-
The Crazy Eddie fraud may appear smaller and gentler than the massive billion-dollar frauds exposed in recent times, such as Bernie Madoffs Ponzi scheme, frauds in the subprime mortgage market, the...
-
pop T3 is taken. Give definitions for offset and delay, and compute both for each set of timestamps. Which of the two offsets you have computed would you prefer to use to adjust the time at C, and...
-
The binding constants for Mg2+ and Ca2+ are too similar for the species to be determined independently by titration without proper treatment. When a dilute NaOH solution is added to the tap water...
-
E is an event and P(not E) = 0.4. Find P(E).
-
The velocity of a particle is v = v0 [1 sin (t/T)]. Knowing that the particle starts from the origin with an initial velocity v0, determine (a) Its position and its acceleration at t = 3T, (b) Its...
-
In spring 1989, Michael Jordan and the Chicago Bulls were in Indianapolis, Indiana, to play against the Indiana Pacers. At the same time, Karla Knafel was singing with a band at a hotel in...
-
Listed below are items that are commonly accounted for differently for financial reporting purposes than they are for tax purposes. Instructions For each item below, indicate whether it involves: 1....
-
In establishing a new herb farm, your employer has asked you to estimate the bulk density of the farm's soil. Here are the raw data you have assembled using five relatively undisturbed soil cores...
-
What is the difference in legal effect between a drawer having her cheque certified and a payee later having the cheque certified?
-
What types of negotiable instruments are governed by the Bills of Exchange Act? What is money?
-
Gaylord Gunnison (GC) died January 13, 2019, and his gross estate consisted of three propertiescash, land, and stock in a public company. The amount of cash on the date of his death was $10.9...
-
Waylon's mother has just received notification that he will be fully reevaluated for special education services. This is the first time that Waylon has been fully reevaluated since qualifying for...
-
Should US companies ignore gender when making foreign assignments? How can companies balance US corporate gender equality values with cultural gender bias in foreign markets when assigning and...
-
Describe key ways that animals differ from plants and fungi.
-
How to calculate weighted-average outstanding shares and earnings per share? Formula and step by step examples.
-
Describe how US -source business income of foreign persons is taxed differently than U.S.-source nonbusiness income.
-
A 78-kg person has an apparent mass of 54kg (because of buoyancy) when standing in water that comes up to the hips. Estimate the mass of each leg. Assume the body has SG = 1.00.
-
Cleaning Service Company's Trial Balance on December 31, 2020 is as follows: Account name Debit Credit Cash 700 Supplies Pre-paid insurance Pre-paid office rent Equipment Accumulated depreciation -...
-
John and Joan pay $16,500 of qualified adoption expenses in 2022 to finalize the adoption of a qualified child. Their AGI is $199,000 for 2022. What is their adoption credit for 2022? a. $0 b....
-
Taxpayer L has income of $55,000 from Norway, which imposes a 40 percent income tax, and income of $45,000 from France, which imposes a 30 percent income tax. L has additional taxable income from...
-
Lucas, a single U.S. citizen, works in Denmark for MNC Corp during all of 2022. His MNC salary is $187,000. Lucas may exclude from his gross income wages of: a. $0 b. $108,700 c. $112,000 d. $187,000
-
Car sharing companies (Carsharing) Based on an analysis of the evolution of the service attributes, define the stages that have allowed the consolidation of the sector, seeking to identify those...
-
List 3 details that must be included in a credit guideect 3 organisational policies and procedures related to documentation and reporting requirements and ethical, legal and regulatory conditions in...
-
The two accounts affected by any adjusting entry are permanent accounts.On November 1, Venus Corporation received $20,000 in advance from a client for a work yet to be performed. On December 31...
Study smarter with the SolutionInn App