INLAND BILLS OF EXCHANGE | FOREIGN BILLS OF EXCHANGE |
Only one copy is prepared | Three copies are prepared |
Stamps are affixed only once | Stamps are affixed two times of the time of acceptence and at time of making payments |
Written in common and local language of the country | Written in English OR in the language ofthe country of the drawer |
It is noted after dishonour | Its is noted and protested after dishonour |
Its is written on judicial stamp paper | Its is written on palin paper |
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Friday, 23 January 2015
difference between inland and foreign bills of exchange
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Main difference between journal and ledger in accounting is that, Journal is a subsidiary book of account and Ledger is the permanent and final book of accounts.
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