What is the nature of Bills Receivable account, I mean is
it a real account or personal a/c?
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Answer Posted / abhinav
Debtors is a
personal A/c
that is for
sure.
B/R and B/P
should be of
same type.If
we classify B/
R as real then
what about B/
P it can't be a
real A/c becoz
its not an
asset.
So I believe it
should be a
personal A/c.
But my book
says B/R is a
real ac..
I am still
confused!
| Is This Answer Correct ? | 14 Yes | 7 No |
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