Bills Receivable Book is a part of the ___________.

ledger

No worries! We‘ve got your back. Try BYJU‘S free classes today!

balance sheet

No worries! We‘ve got your back. Try BYJU‘S free classes today!

journal

Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses

profit and loss account

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Open in App

Solution

The correct option is C journal
Bills Receivable Book also known as a B/R book.
Bills receivable book is a subsidiary or secondary book of accounting, where all bills of exchange, which are receivable for the business, are recorded. The total value of all the bills receivable for an accounting period is transferred to the books of accounts.

Suggest Corrections

Similar questions

A.Consignment A/c Discount A/c To Bills Receivable A/c	Dr. Dr.
A.Bank A/c Profit & Loss A/c To Bills Receivable A/c	Dr. Dr.
C.Bank A/c Consignment A/c To Bills Receivable A/c	Dr. Dr.
D.None of the above.

Give the performa of a Bills Receivable Book.

Give the proforma of a Bills Receivable Book.

Join BYJU'S Learning Program