Accountancy, asked by sumehraaftab18391, 3 months ago

Where does book debts written in trial balance

Answers

Answered by extremeartandcraft99

Answer:

Explanation:

Book debts simply means those amounts which are owed to us by our customers on account of supply of goods or services on credit. Normally it is considered to be a current asset, means the debtor is liable to make us payment within a period f 12 months. It is shown on the Asset Side of Balance Sheet.

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