Accountancy, asked by kavya200489, 1 year ago

explain how accounting equation is affected if Bill is accepted by debtor​

Answers

Answered by mehboob214
0

Explanation:

In the books of creditors

1.bills receivable a/c ....Dr

To debtor's a/c

and in the books of debtors

2 .creditors a/c ......Dr

To Bill's payable

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