Mathematics · Bills Payable Ledger Calculation
Ascertain the amount of opening Bills Payable from the following information: 1. Bills Payable issued in favor of Creditors during the year: Rs. 30,0002. Bills Payable paid during the year: Rs. 20,0003. Bills Payable dishonored during the year: Rs. 5,0004. Closing Bills Payable: Rs. 10,000
- 1Rs. 35,000
- 2Rs. 45,000
- 3Rs. 5,000✓
- 4Rs. 15,000
Correct answer
Rs. 5,000
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