what is meant by bills payable?
Answers were Sorted based on User's Feedback
Answer / narasimha rao
BILLS PAYBLE IS THE FORMER DOCMENTS OR PROMISE MADE BY
THE TRADER PAY THE CERTAIN AMOUNT OF MONEY AT SPECIED
PERIOD OF TIME WHEN MADE THE CREDIT PURCHASE.
| Is This Answer Correct ? | 9 Yes | 0 No |
Answer / rajesh nalla
It means purchase made from the supplier on credit
basis.supplier draws a bill that is called bills payable.
three steps to genarate a bill
1.Taking purchase order
2.Deliavring goods (or) services
3.Genarating invoice
| Is This Answer Correct ? | 2 Yes | 1 No |
Answer / shalini
Trade obligations of a firm, such as a trade acceptance or
Banker's Acceptance payable at maturity.
| Is This Answer Correct ? | 2 Yes | 2 No |
what is transposition-cum-demat?
Where we have to take the Director's current account, wages a/c, Accruals, sales tax payable in Balancesheet
Briefly describe your ideal job
0 Answers GSK GlaxoSmithKline,
what Bank Reconcilation ?
please provide wct retun guide line how can prepaire that
What are the types of journal categories available in the Oracle AP?
How i pass the share holders capital entry in Tally? How to set this option in Tally?
What is the different between each of the following. a) ordinary shares and preference shares b) called and uncalled capital c) bearer debentures and convertible notes d) floating charge and specific charge
what is mean by credit note and debit note?
IF CASH-IN-HAND COMES IN CURRENT ASSET(HEAD) THEN PLEASE TELL ME IN WHICH HEAD COMES "SALES RETURN" AND "PURCHASE RETURN"
what is the entry for accumulated depreciation?n why it is used?when it is necessary?
Short Answer on ___________Prepaid Expenses