Teaching RPSC School Lecturer Mock Test Series 2024 Accountancy

What would be the entry for renewal of a bill in the debtor account?

1

Drawee A/c                                                       Dr.
                     To Interest A/c

2
Drawer A/c                                                      Dr.
                    To Interest A/c
3
Bills Receivable A/c                                        Dr. 
                         To Drawee A/c
4
None of the above
5
Question Not Attempted
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