Answer / raju

Bills payable which is due from us to other party payable
for his services.. For ex; Telephone bills payable within
due date is known as BP.

Answer / ismail

recording of bills raised by the suppliers is called bills
payable/accounts payable

Answer / yogendra.c

It is a guarantee that the business gives to the vendors or suppliers for the payment on a specified date to a specified person or order.

In other way you can take it as authorization letter for a creditor.

DIFFERNCE BETWEEN RESERVE AND FUND?

2 Answers   Genpact,

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Plant and machinery destroyed for 50000

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If Pass book & Cash Books Balances are showing same so are you need to BRS ?

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1 Answers   ADP,

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Why we show always closing stock in credit?

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What is GR form why we use it and what is the step of GR FORM by various department as some little knoledge of me it is used by custom for wher the FERA is applicate. But I dont now where FERA is applicatble thanks

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