Q. 1 solution of Bills of Exchange TS Grewal Book Class 11 2021-22
Are you looking for the solution of Question number 1 of the Bills of Exchange of TS Grewal Book class 11, 2021-22 Edition for the 2021-22 session?
Question number 1 of the Bills of Exchange is a practical one.
Question Number 1 Solution of Bills of Exchange of TS Grewal Book 2021-22 Class 11
Question – 1
Calculate the due dates of the bills of in the following cases-
| Date of Bill | Tenure (Period) | |
| 1. | 1st December 2020 | 60 Days |
| 2. | 30th April 2021 | 2 Months |
| 3. | 28th January, 2021 | 1 Month |
| 4. | 23rd November, 2020 | 2 Month |
| 5. | 29th May 2020 | 4 Month |
Solution:-
| Date of Bill | Tenure (Period) | Calculation | Due Date | |
| 1. | 1st December 2020 | 60 Days | 30 days December + 30 days January + 3 days grace (See Note 1) | 02/02/2021 |
| 2. | 30th April 2021 | 2 Months | 30th April to 30th June + 3 days grace | 03/07/2021 |
| 3. | 28th January 2021 | 1 Month | 28th January to 28th February + 3 days grace | 03/03/2021 |
| 4. | 23rd November 2020 | 2 Month | 23rd November to 23rd January + 3 days grace (See Note 2) | 25/01/2021 |
| 5. | 29th May 2020 | 4 Month | 29th May to 29th September + 3 days grace | 01/10/2021 |
Note – 1
when the period of the bill is stated in days the calculation of the maturity date will be in days ( which includes the date of payment but exclude the date of transaction.
Note – 2
If the maturity date falls on a day that is a ‘public holiday’ the maturity date of the bill shall be preceding business day.
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| S.N | Solutions |
| 1. | Question – 1 |
| 2. | Question – 2 |
| 3. | Question – 3 |
| 4. | Question – 4 |
| 5. | Question – 5 |
| 6. | Question – 6 |
| 7. | Question – 7 |
| 8. | Question – 8 |
| 9. | Question – 9 |
| 10. | Question – 10 |
| S.N | Solutions |
| 11. | Questions – 11 |
| 12. | Questions – 12 |
| 13. | Questions – 13 |
| 14. | Questions – 14 |
| 15. | Questions – 15 |
| 16. | Questions – 16 |
| 17. | Questions – 17 |
| 18. | Questions – 18 |
| 19. | Questions – 19 |
| 20. | Questions – 20 |
| S.N | Solutions |
| 21. | Questions – 21 |
| 22. | Questions – 22 |
| 23. | Questions – 23 |
| 24. | Questions – 24 |
| 25. | Questions – 25 |
| 26. | Questions – 26 |
| 27. | Questions – 27 |
| 28. | Questions – 28 |
| 29. | Questions – 29 |
| 30. | Questions – 30 |
| 31. | Questions – 31 |
