Question

Bills receivable account is a
A. Real account

B. Personal account

C. Nominal account

D. Both personal and real account​

Answer 1

Answer:

(A) REAL ACCOUNT

Explanation:

Bills Receivable and Bills Payable are personal accounts. Both these accounts represent debtors and creditors of a particular entity. The rule of personal account is Debit the receiver, Credit the giver. ... Hence, bills receivable is a personal a/c.

Answer 2

Answer:

the right answer is a personal account

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