At the time of the renewal of a bill, interest account is _____ in the books of the drawee.
A. Credited.
B. Totaled.
C. Debited.
D. Posted.
Answer:C
At the time of the renewal of a bill, interest account is _____ in the books of the drawee.
A. Credited. B. Totaled. C. Debited. D. Posted.