Question Description
In illustration 9, in (viii) part, why the entry of endorsing bills by customers to us and accepting that I'm favour of suppliers is Bills Payable to debtors. What is the logic behind this entry. Isn't it wrong because the correct entry should be Bills receivables to debtors and then creditors to bills receivable. Related: ICAI Notes 7.1: Bills of Exchange & Promissory Notes - 4? for CA Foundation 2024 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about In illustration 9, in (viii) part, why the entry of endorsing bills by customers to us and accepting that I'm favour of suppliers is Bills Payable to debtors. What is the logic behind this entry. Isn't it wrong because the correct entry should be Bills receivables to debtors and then creditors to bills receivable. Related: ICAI Notes 7.1: Bills of Exchange & Promissory Notes - 4? covers all topics & solutions for CA Foundation 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for In illustration 9, in (viii) part, why the entry of endorsing bills by customers to us and accepting that I'm favour of suppliers is Bills Payable to debtors. What is the logic behind this entry. Isn't it wrong because the correct entry should be Bills receivables to debtors and then creditors to bills receivable. Related: ICAI Notes 7.1: Bills of Exchange & Promissory Notes - 4?.

Solutions for In illustration 9, in (viii) part, why the entry of endorsing bills by customers to us and accepting that I'm favour of suppliers is Bills Payable to debtors. What is the logic behind this entry. Isn't it wrong because the correct entry should be Bills receivables to debtors and then creditors to bills receivable. Related: ICAI Notes 7.1: Bills of Exchange & Promissory Notes - 4? in English & in Hindi are available as part of our courses for CA Foundation. Download more important topics, notes, lectures and mock test series for CA Foundation Exam by signing up for free.

Here you can find the meaning of In illustration 9, in (viii) part, why the entry of endorsing bills by customers to us and accepting that I'm favour of suppliers is Bills Payable to debtors. What is the logic behind this entry. Isn't it wrong because the correct entry should be Bills receivables to debtors and then creditors to bills receivable. Related: ICAI Notes 7.1: Bills of Exchange & Promissory Notes - 4? defined & explained in the simplest way possible. Besides giving the explanation of In illustration 9, in (viii) part, why the entry of endorsing bills by customers to us and accepting that I'm favour of suppliers is Bills Payable to debtors. What is the logic behind this entry. Isn't it wrong because the correct entry should be Bills receivables to debtors and then creditors to bills receivable. Related: ICAI Notes 7.1: Bills of Exchange & Promissory Notes - 4?, a detailed solution for In illustration 9, in (viii) part, why the entry of endorsing bills by customers to us and accepting that I'm favour of suppliers is Bills Payable to debtors. What is the logic behind this entry. Isn't it wrong because the correct entry should be Bills receivables to debtors and then creditors to bills receivable. Related: ICAI Notes 7.1: Bills of Exchange & Promissory Notes - 4? has been provided alongside types of In illustration 9, in (viii) part, why the entry of endorsing bills by customers to us and accepting that I'm favour of suppliers is Bills Payable to debtors. What is the logic behind this entry. Isn't it wrong because the correct entry should be Bills receivables to debtors and then creditors to bills receivable. Related: ICAI Notes 7.1: Bills of Exchange & Promissory Notes - 4? theory, EduRev gives you an ample number of questions to practice In illustration 9, in (viii) part, why the entry of endorsing bills by customers to us and accepting that I'm favour of suppliers is Bills Payable to debtors. What is the logic behind this entry. Isn't it wrong because the correct entry should be Bills receivables to debtors and then creditors to bills receivable. Related: ICAI Notes 7.1: Bills of Exchange & Promissory Notes - 4? tests, examples and also practice CA Foundation tests.