Debit Balance is displayed in which book of accounts?

11. Debit Balance is displayed in which book of accounts?

  1. Creditor Book
  2. Journal
  3. Bills Receivable Book
  4. Ledger

Answer: C) Bills Receivable Book

Explanation:

Bills receivable records will normally have a debit balance. As a bill receivable should be gotten at development, it goes about as a current resource for the business. For the most part, every bill has a multi-day effortlessness period.

Comments and Discussions!

Load comments ↻






Copyright © 2024 www.includehelp.com. All rights reserved.