Debit: notes receivable,

Loan: income from main business,

Taxes payable-VAT payable (output tax);

Or accounts receivable are offset before receipt of bills.

Debit: notes receivable,

Credit: accounts receivable.

2. Recover the due fare,

Debit: bank deposit,

Credit: bills receivable.

3. Endorsement and transfer of bills receivable,

Borrow: raw materials, etc.

Taxes payable-VAT payable (input tax),

Credit: notes receivable;

4. Discounted bills,

Debit: bank deposit,

Financial expenses (interest on discounted bills),

Credit: bills receivable.

The payment period of a commercial bill shall not exceed six months at the longest; The time limit for presentment payment of a commercial bill is 10 days from the maturity date of the bill.