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What are the drawee drawer and …

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What are the drawee drawer and payee? Plz give easy explanation

Posted by Siddhant Sikarwar 8 years, 3 months ago

CBSE > Class 11 > Accountancy

3 answers

Gaurav Bansal 8 years, 3 months ago

Ye kon si book me Diya hai

Anshika Mishra 8 years, 3 months ago

Drawer is the person who pays the money for the products he has aviled Drawee is the bank or financial institution through which money is paid Payee is the person who provides the services or pprodcts???now u get it

Lakshita Sharma 8 years, 3 months ago

Drawer: He is the seller or creditor entitled to receive money from someone. Drawee: He is the purchaser or debtor who is liable to pay the amount mentioned In the bill ( on whom the bill is drawn).

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