13. What is a promissory note?
14. What is your understanding of the term bills receivable and bills payable?
15. What is the name of the book in which a record of bills receivable and bills payable is kept?
16. What is an acceptance?
17. What is discount? exchange?
18. What is a deposit slip and how is it used?
19. What is a signature card and what are its uses?
20. What is meant by indorsement of checks?
21. Prepare three forms of indorsement and explain the meaning of each.