what is mean by Drawer ,Drawee and payer and payer
I need some examples with clear explanation
negotiable doubt help me
MPR Sanjay Kumar (2974 Points)
30 March 2023
gaddala ramesh
(163 Points)
Replied 30 March 2023
prasad Nilugal
( GST Practitioner & Accounts )
(14151 Points)
Replied 30 March 2023
MPR Sanjay Kumar
(2974 Points)
Replied 30 March 2023
@ Prasad nillugal sir simply
Mr Sanjay and Mr sruthi is there ,sruthi owes from Sanjay 1 lakh .....so here Shruti is liable to pay to Sanjay
Here Sanjay is a drawer and sruthi is drawer
IAM I right sir??
prasad Nilugal
( GST Practitioner & Accounts )
(14151 Points)
Replied 30 March 2023
sabyasachi mukherjee
(25983 Points)
Replied 06 April 2023
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