bills payable is an assets of business agree or disagree
Answers
Answered by
23
Answer:
Yes
Explanation:
Former is the asset of the company. ... These bills appear on the asset side of the balance sheet. On the other hand, bills receivables are drawn when a vendor or seller makes any credit sale to the business. The amount mentioned in the bill is paid on a future date and such bill is called bills payable.
Answered by
10
Answer:
disagreed-it is a debit
Similar questions