Debtors paid 8000 to the business,is it classified as cash as bank or as an account receivable?
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Answered by
1
Answer:
Debtors are the part of accounts receivable.
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Explanation:
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0
Answer:
It is Classified as Account Recievable
Explanation:
It is Classified as an Account Recievable because they debtors, Pay you 8,000 in your business. So, Rs.8,000 is the Amount they owe to the Business right? So it is considered As Account Recievable as it is recieved from Debtor's account to Business's Account, that is, Capital Account of a Business.
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