What is the nature of Bills Receivable account, I mean is
it a real account or personal a/c?
Answer Posted / anas
I think bills receivables are real account. As biils are negotiable instruments and treated as current asset bothe bills receivables and payables are real accounts. But if it is accounts recevables or payables it can be representative personal accounts.
| Is This Answer Correct ? | 20 Yes | 15 No |
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