what is bill receivable?(LCCI 2nd)緊急!!!

1. Bills Receivables 並不一定是under LC 的, 在現實社會上, Bills Receivables可以由LC, DP 或 DA 單等等引申出來!!
在LCCI上, Bills Receivables當然是從Debtors (或Accounts Receivables)上出來, 基本條件是:
當Debtor A向你買貨而欠你錢, 而A又不願意馬上付現金給你, A就會開一張Bills Receivables給你, 這張Bills Receivables是有到期日, A必須在到期日付款給拿著這Bills Receivables的人, 你可以拿著這單等到夠期, 向A收錢, 或在期內賣給其他人或銀行!!

2.
i. Debtor A向你買貨$500而欠你錢, 而A又不願意馬上付現金給你
Dr Debtor A $500
Cr Credit Sales $500

ii. A開一張Bills Receivables給你
Dr Bills Receivables $500
Cr Debtor A $500

iii. 拿著這單等到夠期, 向A收錢
Dr Bank $500
Cr Bills Receivables $500

或在期內賣給其他人或銀行, 步驟(iii)就不用做, 直接做(iv), 當然銀行會收手續費 eg $20
iv.
Dr Bank discounting charge $20
Dr Bank $480
Cr Bills Receivables $500
.
.
.
Debtor A可能會在到期日未能付款, 要做reverse entries
在沒賣單的時候 :
Dr Debtor A $500
Cr Bills Receivables $500

或在有賣單的時候, 銀行會收dishonest charges $10 :
Dr Bank charge - dishonest charges $10
Dr Bills Receivables $500
Cr Bank $510

你當然會把dishonest charge向A收取 :
Dr Debtor A $510
Cr Bank charge - dishonest charges $10
Cr Bills Receivables $500

1. Bills Receivable is transferred from Accounts Receivable, Debtpr ,make payment by Letter of Credit (L/C) instead of cheque.

2. Dr. Accounts Receivable
Cr. Sales

Dr. Bills Receivable
Cr. Accounts Receivable

after bank pay the bills to you :

Dr. Bank
Cr. Bills Receivable