Vidyalelo
Commerce · Q2918

Accounting

Graduate and Post Graduate · Commerce · question 2918

Q2918

When a bill is drawn by A on B and before the date of maturity, B becomes insolvent then in the books of A it is debited to . . . . . . . .

A.
Bills receivable account
B.
Bank account
C.
B's account
Answer
D.
Bank for collection of bills

Answer: Option C

Solution

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