Vidyalelo
Commerce · Q2827

Accounting

Graduate and Post Graduate · Commerce · question 2827

Q2827

When a bill drawn by A on B (and retained till the date of maturity is dishonoured on the due date), it is debited (in the books of A) to . . . . . . . .

A.
Bill Receivable Account
B.
B's Account
Answer
C.
Bills Payable Account
D.
Cash Account

Answer: Option B

Solution

Answer: Option B
No explanation is given for this question Let's Discuss on Board