Question
Distinguish between a bill of Exchange and a Promissory Note.
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₹
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₹
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Opening Stock
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40,000
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Sales
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4,80,000
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Purchase
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2,50,000
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Carriage Outward
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4,000
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Carriage Inwards
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6,000
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Wages
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52,000
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Rate of Gross Profit on sales
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$33\frac{1}{3}\% $
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