Answer / gagan singh

credit sale is a part of receivable

expenses which are booked in end fo fy but paid in next fy
are payable on 31st march.

Answer / guest

any amt. due but not received this is called receivables
(B/R).

any amt. due but not paid this is called payable (B/P).

Answer / astha bansal

receivable is the term in which we includes all amount
which will be received after a short time period

payable a term in which we will pay the amounts oe business
in near future

what is the journal entry for payment of interest for loans.?

4 Answers   Alpha Solutions,

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What is Provision Entry

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is we should taken the cl or op. stock in trail balance

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if issue the share capital what is entry pass the journal

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When a business man take his net profit from his firm, how will make the entry in cash book?

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SHOW CLOSSING STOCK IN TRIAL BALANCE

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What Does Capacity Cost Mean?

1 Answers   Honeywell, JPMorgan Chase,

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