Give the performa of a Bills Payable Book.
Bills payable book is used to record bills accepted by us. When a bill drawn by our creditor is accepted particulars of the same are recorded in this book.
1) Date of acceptance of the bill
2) To whom acceptance of bill is given
3) Term of the bill
4) Due date of the bill
5) ledger folio
6) Amount of the bill
7) Remark
Depreciation written off on furniture 1,500 was not posted to depreciation account.
This is an error of ..................................
The wrong effect has been:
The correct effect should have been:
The rectification entry will be.
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Welcome to the NCERT Solutions for Class 11 Accountancy - Chapter . This page offers a step-by-step solution to the specific question from Excercise 1 , Question 12: Give the performa of a Bills Payable Book.....
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