This presentation introduces bills of exchange. It identifies Showkat Hossain as the presenter from the Accounting and Information Systems department of Bangabandhu Sheikh Mujibur Rahman Science & Technology University. The document defines a bill of exchange and outlines its key parts including date, term, amount, stamp, and parties. It describes the special features a bill must have such as being in writing, signed, containing an unconditional order to pay money by a stipulated time, and clearly identifying the drawee. The parties to a bill - the drawer, drawee, and payee - are then defined, with the drawer being the seller or creditor, the drawee being the purchaser or

1. WELCOME TO
MY
PRESENTATION

2. Name: Showkat Hossain
SN: 20141112040
Department: Accounting and Information Systems.
Year: 2nd Year 2nd Semester
Session: 2014-2015
BANGABANDHU SHEIKH MUJIBUR
RAHMAN SCIENCE & TECHNOLOGY
UNIVERSITY

4.  “A Bill Of Exchange is an instrument in
writing containing an unconditional
order, signed by the maker , directing a
certain person to pay a sum of money only
to or to the order of a certain person or to
the bearer of the instrument”
Bills Of Exchange

5. Parts Of A Bill Of Exchange
Date
Term
Amount
Stamp
Parties

6. JAMMU
27th Nov. 2006
Stamp
Three months after due date, pay XYZ or order, the
Sum of Rs 1000(one thousand only) for value received.
To,
M/S ABC
Gandhi Nagar
Jammu

7. Special features
1. A Bill Of Exchange is an instrument in writing
2. It must be signed by the maker
3. It contains an unconditional order
4. The order must be to pay money and money only
5. The sum payable must be specific
6. The amount must be paid within a stipulated time
7. The name of the drawee must be clearly mentioned
8. It must be dated and stamped

8. Parties to a Bill Of Exchange
Drawer
The person who draws or writes the
Bill Of Exchange is called the Drawer.
The Drawer must be the seller or
creditor to whom the money is owing

9. Drawee
The Drawee is the person on whom
the bill is drawn. He is the
purchaser or debtor who is ordered
by the Drawer to pay the amount

10. Payee
The person who has the right to
receive the amount of the bill is
called the Payee, the Payee may be a
third person or the Drawer himself

11. DO YOU HAVE
ANY
QUESTION???