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P2 C5 ACCOUNTNG RATIOS AND ANALYSIS — Elements of Account STD 12 Commerce — Question

Gujarat BoardEnglish MediumSTD 12 CommerceElements of AccountP2 C5 ACCOUNTNG RATIOS AND ANALYSIS1 Mark
MCQ
Debtors are $..........$ and bills receivable are $........... .$
  • A
    Current liability, current asset
  • ✓
    Current asset, current asset
  • C
    Current asset, current liability
  • D
    Current liability, current liability
✓

Answer

Correct option: B.
Current asset, current asset

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