If a bill is endorsed to a third party, the accounting entry in the books of the endorser, at the time of endorsement involves

If a bill is endorsed to a third party, the accounting entry in the bo

1.	If a bill is endorsed to a third party, the accounting entry in the books of the endorser, at the time of endorsement involves
A.	Credit Endorsee s Account
B.	Debit Endorsee s Account
C.	Debit Bills Receivable Account
D.	Credit Bills Payable Account
Answer» C. Debit Bills Receivable Account