Salient features of a promissory note, accounting, Basic Statistics

Assignment Help:

What are the salient features of a Promissory Note?

Ans. a) A Promissory Note is made by the promiser who undertakes to pay the mentioned amount of Bill to the bearer of the Promissory Note.

b) Promissory Note is signed by a promiser.

c) A required stamp duty is levied on the Promissory Note.

d) The payment is done to the seller or person who is payee by the promiser

Related Discussions:- Salient features of a promissory note, accounting

Definition of management accounting, Definition of Management Accounting ...

Definition of Management Accounting According to the Chartered Institution of Control Agency (CIMA), Control Sales is "the procedure of recognition, statistic, build up, researc

Linearity, The weight in Kg for each person was matched to their intake of ...

The weight in Kg for each person was matched to their intake of fat per day in Grams. 9 people were selected with the following results. Weight (Xi) Fat (Yi) 45

Biostatics, A national study found that treating people appropriately for h...

A national study found that treating people appropriately for high blood pressure reduced their overall mortality by 20%. Treating people adequately for hypertension has been diffi

Which date is used to record a credit card transaction, Which date is used ...

Which date is used to record a credit card transaction? When a company uses its bank greeting cards, the transaction time frame is the time frame the bank greeting cards is used

Probability, Find the z value corresponding if the area to the left of the ...

Find the z value corresponding if the area to the left of the z is 0.9452

Uses of time series, uses of time series

uses of time series

Hypothesis and spss, The purpose of this activity is to help you learn how ...

The purpose of this activity is to help you learn how to enter data into SPSS by yourself. You will use SPSS via Acadlabs. You will discuss this activity in your group and will t

Standard error of the differnce between means., IN two separate studies, th...

IN two separate studies, the actual difference between the means of a treated group and untreated group is 3 points. However, in one study sm1-m2 is very large and so the 3 points

Budgeted accounts, Budgeted accounts Accounts that are theme to the misapp...

Budgeted accounts Accounts that are theme to the misappropriation or sometimes to appropriation and/or allotment process. Refer to APPROPRIATION and portion.

Abdullahi, why should cofficient of variation be used to compare the disper...

why should cofficient of variation be used to compare the dispersion?

Write Your Message!

Name

Email id

Message

Verfication Code

User Account

All Pages