Exercise:  01   Issue a promissory note: ⑴Amount £3,026.00 ⑵Date and place of issue 8/August/2009,Guangzhou, China ⑶Tenor At 90 days after date ⑷Maker Guangdong  Imp.  & Exp. Co.,  Guangzhou ⑸Payee Chemicals Import & Export  Company London

ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Exercise:  01   Issue a promissory note:

Amount

3,026.00

Date and place of issue

8/August/2009Guangzhou, China

Tenor

At 90 days after date

Maker

Guangdong  Imp.  & Exp. Co.,  Guangzhou

Payee

Chemicals Import & Export  Company London

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Drawer

   

Thames Enterprises Ltd., London

Drawee

   

The National Westminster Bank Ltd.,  London

Payee

   

Philips Hong Kong

Date and place of issue

   

07/01/2001London

Amount

   

GBP79,014

Exercise:  02   Issue a check:

 

 

 

 

 

 

 

 

 

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