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What is meant by days of …

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What is meant by days of grace in case of bill of exchange?

    • Posted by Nandani Soni 5 years, 10 months ago

    CBSE > Class 11 > Accountancy
    • 3 answers

    Purushottam Chaudhary 5 years, 10 months ago

    3 days are added in the maturity date so as to give some time to the drawee to arrange for cash.

    0Thank You

    Aman Verma 5 years, 10 months ago

    3 extra days given to drawee to pay the amount of bill

    0Thank You

    ?????? ???? . 5 years, 10 months ago

    Three extra days added in maturity date is called days of grace..

    1Thank You

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    CBSE > Class 11 > Accountancy
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