Question

Till the discounted bill is paid by the acceptor, it remains as
A) a contingent liabilities
B) a current liabilities
C) an asset
D) an expense

Answer 1

a contingent liabilities

Answer 2

Tɪʟʟ ᴛʜᴇ ᴅɪsᴄᴏᴜɴᴛᴇᴅ ʙɪʟʟ ɪs ᴘᴀɪᴅ ʙʏ ᴛʜᴇ ᴀᴄᴄᴇᴘᴛᴏʀ, ɪᴛ ʀᴇᴍᴀɪɴs ᴀs–

D) ᴀɴ ᴇxᴘᴇɴsᴇ

mark me as brainliest plz.....

◦•●◉✿ Priya ✿◉●•◦