Question

How do you show bills for collection in final accounts of bank?

Answer 1

The bills that are to be collected as per the final accounts of the statement of the bank are all tallied through a balance sheet.

This balance sheet has all the necessary calculations of the bills to the appropriate extreme values of the sum before the balanced sheet is operated upon.

Answer 2

Answer:

liability side , assets side, at the end of balance sheet, none of the above