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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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| 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.
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