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Ipcc

rajeev (nnnone) (222 Points)

26 March 2014

does this entry should be posted in total debtors account in general ledger. " out of bills receiveable received and included in 26000 above, bills of 5000 were endorsed to suppliers ".

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Deepak Gupta (CA Student) (15922 Points)
Replied 27 March 2014

Originally posted by : rajeev
	does this entry should be posted in total debtors account in general ledger. " out of bills receiveable received and included in 26000 above, bills of 5000 were endorsed to suppliers ". No.

Bills receivable of Rs. 5,000 endorsed to suppliers has nothing to do with Total Debtors A/c, because at the time of endorsement, Supplier A/c is debited and Bills receivable A/c is credited.