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

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Question added by VENKITARAMAN KRISHNA MOORTHY VRINDAVAN , Project Execution Manager & Accounts Manager , ALI INTERNATIONAL TRADING EST.
Date Posted: 2014/10/26
FITAH MOHAMED
by FITAH MOHAMED , Financial Manager , FUEL AND ENERGY CO for transportion petroleum materials

 c) debtors account 

subin katuruthel
by subin katuruthel , Senior Payable Accountant , QATAR FOAM

A

georgei assi
by georgei assi , مدير حسابات , المجموعة السورية

The Answer C

Salah Othman Yousef Alshambaati
by Salah Othman Yousef Alshambaati , مدير ادارة الحسابات , شركة انفال الجديدة للتجارة والمقاولات

c

Deleted user
by Deleted user

option  C

ايمن محمد عاطف محمد
by ايمن محمد عاطف محمد , Director of the control and regulation unit , ACOLID

Bills RECEIVABLE form part of a COMPANY'S assets.

c

 

Sujit Sahu
by Sujit Sahu , Account Manager , Hippocampus Learning Centres Private Limited

Bills receivable  as endorsed is debited to 

  a) creditors account 

Creditors accounts Dr.

Bill Receivable Cr.

 

 

Anwar Najmaddin Hassan حسن
by Anwar Najmaddin Hassan حسن , Financial Analyst , Alrajhi Banking & Investment Corp.

will be debited to Bills receivable account.

Ali Al-Hinnawi
by Ali Al-Hinnawi , Group Finance Manager / (CFO) 6/10/2008 – Present , Gulf Petroleum Investment Co. KPSC (GPI)

(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)