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What is the nature of Bills Receivable account, I mean is
it a real account or personal a/c?

Answer Posted / aman kumar singh

Bill receivable must be real a/c because it an asset I.e current a/c because all assest are real a/c whether tangible aur intangible .it can't personal a/c I.e represent it be personal s/c because from amount to be received from debtor his liability is over after issuing bills

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