what is Bills Receivables and Bills Payables?
- 44 Answers
- 387433 Views
- Accenture, Banking, College School Exams Tests, Excel, Finance, Ford, Genpact, HCL, HR Capital Services, IBM, ICICI, MNC, Wipro, I also Faced
- E-Mail Answers
Answer Posted / dr. mohammed muslim
B/R is a current assets created by offering credit sales to
customers on thier promise to recieve money from them on
any agreed future date (usually not more than one year).
B/P is a current liability created by credit purchase on
promise to pay on any future date not usually more than one
year.
| Is This Answer Correct ? | 62 Yes | 11 No |
Post New Answer View All Answers
WHAT IS LIMITED REVIEW? WHY IT IS REQUIRE?
what is capital market and money market? what is primary market and secondary market?
Dear sir,i have completed M.sc,MBA.STILL I AM NOT GETTING WELL POSITION .I THINK ON LOW BUGET ON COURSE TO IMPROVE MY POSITION IN FINANCE FIELD.
Office cash was stolen? state whether the following transcation is business transcation or non business transcation?
Queries for Big4 Articleship : Whether son of CA in practice effects chances.
Under the accrual basis of accounting incomes are recognised at the time -------------------
What is a bad credit score?
Expand---------PCDB
How are fund-raising and publicity and management and administration costs apportioned over funds?
Hi, I would like to check if my understanding is correct I have a negative amount for provision of income tax in my balance sheet from my previous financial year.What are the accounting treatments for income tax paid and then refunded to you for the current year? Is this correct? For payment Dr provision of income tax cr bank For tax refund Cr provision of income tax Dr bank Do I need to input anything in income tax expense acct?
how to make a project accounting in tally erp9 ?
What is Home Loan Modification?
Workers name-Madhu Saha.Pay structure,basic-5850,HRA-1350,CCA-900,TRAV.ALLOW.900.DEDUCTION-PF-702.ESI-150,P.TAX-90.WHAT IS THE EXTRACT IN PF,ESI,IN BALANCE SHEET & sALARY IN p/l A/C . iS IT POSSIBLE THAT PERSONS'S NAME SHOUL COME I P/L
How and by whom the Percentage of Depreciation is fixing?
As a fresher in oracle finance can a get a job in oracle finance n what type of questions can they ask me as a fresher...oracle finance...
