Bills Payable A/c
Debtor’s A/c
Endorsee A/c
Bills Receivable A/c
✅ The correct answer is C.
Bills receivable endorsed are debited to Endorsee A/c. The endorsee will be the owner of the bill and he will realise the payment of the bill on the due date from the drawee.
Bills receivable endorsed are debited to Endorsee A/c. The endorsee will be the owner of the bill and he will realise the payment of the bill on the due date from the drawee.