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Chapter No. 14 – Bills of Exchange – Unimax Publications Class 11 – 2021 – Solution

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In this article, we have provided the Question wise solution to all Questions of Chapter No. 14 – Bills of Exchange – Unimax Publications Class 11 – 2021 – Solution, But first of all, we have explained the meaning of Depreciation: –

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What is a Bill of exchange?

A bill of exchange is an instrument that contains a promise to pay some amount of money to a certain person after a certain period of time. It is generally drawn by the creditor(maker or drawer) on his debtor(acceptor or drawee) and the debtor gives the acceptance that he will pay the money to the maker(drawer) after some certain period or a specific date. It should be accepted by the person to whom it is created or by another person on his/her behalf. Without acceptance, this document doesn’t have any value.

Definition: –

“A bill of exchange is an instrument in writing containing an unconditional order, signed by the maker, directing a certain person to pay a certain sum of money only to, or to the order of, a certain person, or to the bearer of the instrument.”

-Section 5 of India’s Negotiable Instruments Act, 1881

Check out the full article: –

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Bill of exchange (BOE): Meaning and Examples

Also, Check out the same article in Hindi from the following link

Bill of exchange (BOE): Meaning and Examples – in Hindi

Chapter No. 14 – Bills of Exchange – Unimax Publications Class 11 – 2021 – Solution

Question wise solutions to all Questions of Chapter No. 14 – Bills of Exchange – Unimax Publications Class 11 – 2021 – Solutions are shown below: –

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Question No 7 Chapter No 13 - Unimax Class 11

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Question No 16 Chapter No 13 - Unimax Class 11

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Question No 25 Chapter No 13 - Unimax Class 11

Unimax Publications – Advanced Accountancy-I- Class 11 – 2021 – Solution

Part-I

Chapter No. 1 – Introduction of Accounting

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Chapter No. 2 – Theory Base of Accounting

Chapter No. 3 – Vouchers and Transactions

Chapter No. 4 – Journal

Chapter No. 5 – Goods and Services Tax (GST): An Introduction

Chapter No. 6 – Ledger

Chapter No. 7 – Special Purpose Book –  Cash Book

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Chapter No. 8 – Other Subsidiary Books 

Chapter No. 9 – Trial Balance 

Chapter No. 10 – Rectification of Errors

Chapter No. 11 – Depreciation

Chapter No. 12 – Provision and Reserves

Chapter No. 13 – Bank Reconciliation Statement

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Chapter No. 14 – Bills of Exchange 

Students may choose only one part from the Part II and Part III

Part-II

Chapter No. 15 – Financial Statements (Without Adjustments)

Chapter No. 16 – Financial Statements (With Adjustments)

Chapter No. 17 – Accounts from Incomplete Records –  Single Entry System

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Part-III

Chapter No. 18 – Introduction to Computers and Accounting information System

Chapter No. 19 – Computerised Accounting

Chapter No. 20 – Accounting Software: Tally 

Chapter No. 21 – Data Base System

Chapter No. 22 – Concept of Entity and Relationship 

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