A bills receivable of Rs 1 000 which was received from a debtor in full settlement for a claim of Rs...........

General Accounting Principles Accounting cycles

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A bills receivable of Rs. 1,000, which was received from a debtor in full settlement for a claim of Rs. 1,100 is dishonoured. in which book entry will be recorded

Purchases Return Book

Bills Receivable Book

Purchases Book

Journal Proper (General journal)

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Explanation:

Journal Proper (General journal) records all the transactions that related to receiving the cash after issuing Bills receivable or payable or their dishonour

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