Hi

This is Online course for Bills of Exchange. The Course is designed for beginners.

Features of the course :

• Recorded virtual whiteboard video lectures every week covering a particular topic.

• Video lectures include explaining of concept and solving of examples.

• Flexibility to study at your own convenient time.

Topics covered in the course are as follows :

This course is divided into 3 modules :

Module 1 :Bills of Exchange/ Promissory Note - Introduction

In this module we will learn following concepts :

• Meaning of Bills of Exchange

• Meaning of Promissory Note

• Difference between Bill of Exchange and Promissory Note

• Meaning of Foreign Bill

• How to calculate Term of Bill and Due date

• Meaning of discounting of Bills of Exchange, Endorsing of Bills of Exchange , honoring and dishonoring of bill of exchange

Module 2 :Journal Entries in case of Bills of Exchange/ Promissory note

In this module we will learn following concepts :

• Journal Entries in books of Drawer of bill (Maker of Bill)

• Journal Entries in books of Drawee of bill (Acceptor of bill)

Module 3 : Solved Example for Bills of Exchange/ Promissory Note

This video includes comprehensive examples showing how to pass journal entries in books of Drawer of the bill , Drawee of the bill in following different situations -

• When bill is accepted and held by drawer till due date

• When bill is discounted with bank by drawer and honored by drawee on due date

• When bill is discounted with bank by drawer and dishonored by drawee on due date

• When bill is endorsed by drawer and honored by drawee on due date

• When bill is endorsed by drawer and dishonored by drawee on due date

• When bill is retired before due date

Happy Learning !!!

Vanijyavidya