Bills receivable  as endorsed is debited to   a) creditors account   b) bills receivable account c) debtors account d) bills payable account

The Answer C

c

option  C

Bills RECEIVABLE form part of a COMPANY'S assets.

c

Bills receivable  as endorsed is debited to 

  a) creditors account 

Creditors accounts Dr.

Bill Receivable Cr.

will be debited to Bills receivable account.

(A) Should be Debited to Creditors Account

It's transferring the bill from one person or intity to another for the settlement of a debt (Means like paying amount to your creditor)