AccountancyCLASS 11CBSEanswered 23 Jun 2026Q.Who is Drawee?A.VERIFIED ANSWERfact-checked by tutorsDrawee is the person upon whom the bill of exchange is drawn. Drawee is the purchaser or debtor of the goods upon whom the bill of exchange is drawn.Suggested Q&AACCOUNTANCY · CLASS 11AccountancyCLASS 11Q.What is meant by Assets? Also explain its types.AccountancyCLASS 11Q.Explain the following terms of Accounting: (a) Sales (b) Revenues (c) Profit (d) Gain (e) Loss (f) Discount (g) Drawings.AccountancyCLASS 11Q.Describe the informational needs of external users.AccountancyCLASS 11Q.Explain any five advantages of Accounting.AccountancyCLASS 11Q.Explain any five limitations of Accounting.AccountancyCLASS 11Q.Explain the following terms of Accounting: (a) Expenses (b) Expenditure (c) Debtors (d) Creditors (e) Voucher.← More Accountancy Q&A for Class 11BROWSE ALL Q&A →