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Commerce · Q395

Accounting

Graduate and Post Graduate · Commerce · question 395

Q395

X draws a bill on Y. X endorsed the bill to Z. ____ will be the payee of the bill.

A.
X
B.
Y
C.
Z
Answer
D.
None of the above

Answer: Option C

Solution

Answer: Option C
Solution:
X draws a bill on Y. X endorsed the bill to Z. Z will be the payee of the bill.