What is mean by bills receivable?
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Answer / anil waghle yawat.
The amount received after future few days from
costomer /debtors mens by bills receivables.
| Is This Answer Correct ? | 7 Yes | 0 No |
Answer / sreenatha
Bills receivable means all promissory notes, Bills of
exchanges,Bonds, and other related securities which is
relating to customers( debtors) it is called Bills
receivable.
| Is This Answer Correct ? | 6 Yes | 3 No |
Answer / sathya
Bill receivable is a bill which is signed by the debtor for making payment in future at a specific time to the creditor...it is only a written evidence of making payment
| Is This Answer Correct ? | 3 Yes | 0 No |
Answer / usha teja
IT IS THE AMOUNT OUTSTANDING DUE TO RECEIVE BY THE CUSTOMER
AND IT IS A CURRENT ASSET.(SUCH AS PROMISSORY
NOTES,BONDS,BILLS OF EXCHANGE,AMOUNT DUE FROM CUSTOMER)
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