Question

Give the performa of a Bills Receivable Book.

Answer 1

The performa of a bills receivable book is provided below.

Explanation:

Bills receivable book is an accounting instrument which is used to keep and record the bills that are received from the debtors of the business. The details of every bill received is recorded in this book.

The performa of bills receivable contains following contents:

i. Number of the bills.

ii. Dates of the bills received.

iii. The name from whom the bills are received.

iv. Details about the drawer and acceptor.

v. Terms of bills.

vi. The due date for the bills.

vii. Amount of the bills received.