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

Answers were Sorted based on User's Feedback



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

Answer / t.gayathri

The nature of the Bills Receivable Account is Real Account
Why because Account of bill of exchange i.e., account of an
asset.

Is This Answer Correct ?    16 Yes 22 No

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