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A Bill of Exchange is drawn on 1st April, 2018 payable after 3 months. The due date of the bill is?
Accountingmedium
A30th June,2018
B1st July,2018
4th July,2018
D4th August,2018 Bill drawn on 1st April, 2018 payable after 3 months. The due date is 1st April, 2018 + 3 months + 3 days of grace = 4th July, 2018
Correct Answer: C. 4th July,2018
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