menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Financial Accounting
  4. Exam
    Exam 38: Bills of Exchange, Consignment, and Partnership
  5. Question
    Accommodation Bills Are Generally for -
Solved

Accommodation Bills Are Generally for -

Question 14

Question 14

Multiple Choice

Accommodation bills are generally for -


A) Genuine trade reasons .
B) For mutual financial accommodation.
C) To help augment money supply .
D) All the three

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q9: Del credere commission is allowed to -<br>A)Consignee

Q10: What does the balance in Memorandum Joint

Q11: Drawee means a person who -<br>A)Makes the

Q12: Which of these is a normal loss

Q13: Retirement of a bill of exchange means

Q15: Early payment of a Bill of Exchange

Q16: A consignee is entitled to -------<br>A)Commission on

Q17: When a B/R is discounted, what entry

Q18: Which of these are not required in

Q19: On 1st April 2013 Abhay of Patna

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines