unit-10-other-subsidiary-books

Unit-10 Other Subsidiary Books

In this unit, we intend to take up the remaining books.

What are days of Grace?




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Learning Pundits Content Team

Written on Jun 25, 2019 3:42:59 PM

Days of grace are the three extra days added to the period of the bill to ascertain date of maturity. Days of grace can be claimed as a matter of legal right Suppose a bill is drawn on the 8th of March & is payable three months after the date, its date of maturity will be 11th June.



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