Accountancy, asked by ashleshamayekar, 1 year ago

bills payable is an assets of business agree or disagree​

Answers

Answered by gorgeousgirlayesha
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 haridasan85
10

Answer:

disagreed-it is a debit

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