Question

What was was the journal entry of bills payable paid rs 5000​

Answer 1

Answer:

Creditor A/c................ dr  5,000

            To bills payable A/c           5,000

(being bill payable accepted)

Answer 2

Answer:

your answer

Explanation:

bills payable a/c dr. 5,000

to cash/bank a/c. 5,000

(being bill paid)