what is meant by bills payable?

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what is meant by bills payable?..

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.

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what is meant by bills payable?..

Answer / sk

The amounts owe to our creditors.

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what is meant by bills payable?..

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

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what is meant by bills payable?..

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

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