Question

बिल्स रिसिवेबल अकाउंट इज​

Answer 1

Answer:

At the point when the transactions are vast their account by methods of the journal entry for each exchange identifying with the bills turns out to be a very tedious and tiresome exercise. For this situation, they are recorded independently in unique subsidiary books. The bills receivables in the Bills Receivable Book and the bills payable in the Bills Payable Book. A crucial point regarding bill receivables and bills payable books is that they don’t record the transactions identifying with the bills. For example, identifying with bills discounted, endorsement, retirement,