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Tamil Nadu Board of Secondary EducationHSC Commerce Class 12

Which of the following items relating to bills payable is transferred to the total creditors account? - Accountancy

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Question

Which of the following items relating to bills payable is transferred to the total creditors account?

Options

  • Opening balance of bills payable

  • Closing balance of bills payable

  • Bills payable accepted during the year

  • Cash paid for bills payable

MCQ
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Solution

Bills payable accepted during the year

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Chapter 1: Accounts from incomplete records - Multiple choice questions [Page 30]

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Samacheer Kalvi Accountancy [English] Class 12 TN Board
Chapter 1 Accounts from incomplete records
Multiple choice questions | Q I 5. | Page 30
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